Exchange-Rate Swings and Foreign Currency Intervention /

This paper develops a new approach for exploring the effectiveness of foreign currency intervention, focusing on real exchange cycles. Using band spectrum regression methods, it examines the role of macroeconomic fundamentals in determining the equilibrium real exchange rate at short-, medium-, and...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Filardo, Andrew
Weitere Verfasser: Gelos, R., McGregor, Thomas
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2022.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2022/158
Schlagworte:
Online Zugang:Full text available on IMF