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Is Sterilized Foreign Exchange Intervention Effective after All? An Event Study Approach
11 references·16 citing·45 second hop
Is Sterilized Foreign Exchange Intervention Effective after All? An Event Study Approach (2002)Is Sterilized Foreign Exchange Interventi…On the Effectiveness of Sterilized Foreign Exchange Intervention (2002)On the Effectiveness of Steri…Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market (1999)Is Intervention a Signal of F…Foundations of International Macroeconomics (1997)Foundations of International …Event Studies in Economics and Finance (1997)Event Studies in Economics an…U.S. Intervention : Assessing the Probability of Success (1996)U.S. Intervention : Assessing…Central bank intervention and the volatility of foreign exchange rates: evidence from the options market (1996)Central bank intervention and…Are Foreign Exchange Intervention and Monetary Policy Related, and Does It Really Matter? (1995)Are Foreign Exchange Interven…Measuring security price performance using daily NASDAQ returns (1993)Measuring security price perf…Does foreign-exchange intervention matter? The portfolio effect (1993)Does foreign-exchange interve…Does Foreign Exchange Intervention Work (1993)Does Foreign Exchange Interve…On the effects of sterilized intervention (1984)On the effects of sterilized …Foreign exchange interventions in Brazil and their impact on volatility: A quantile regression approach (2018)Foreign exchange intervention…Interventions and Inflation Expectations in an Inflation Targeting Economy (2013)Interventions and Inflation E…Internal and External Discipline Following Securities Class Actions (2011)Internal and External Discipl…Testing the Effectiveness of the Czech National Bank’s Foreign-Exchange Interventions (2006)Testing the Effectiveness of …Central Bank Interventions, Communication & Interest Rate Policy in Emerging European Economies (2006)Central Bank Interventions, C…Rules Versus Discretion in Foreign Exchange Intervention: Evidence from Official Bank of Canada High-Frequency Data (2005)Rules Versus Discretion in Fo…How Transparent is the Intervention Exchange Rate Policy of the Bank of Japan? (2005)How Transparent is the Interv…How Successful are Exchange Rate Communication and Interventions? Evidence from Time-Series and Event-Study Approaches (2005)How Successful are Exchange R…Daily Effects of Foreign Exchange Intervention: Evidence from Official Bank of Canada Data (2005)Daily Effects of Foreign Exch…Asymmetric adjustment and nonlinear dynamics in real exchange rates (2005)Asymmetric adjustment and non…What Prompts Japan to Intervene in the Forex Market? A New Approach to a Reaction Function (2004)What Prompts Japan to Interve…Statements of ECB Officials and Their Effect on the Level and Volatility of the Euro-Dollar Exchange Rate (2003)Statements of ECB Officials a…Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan (2003)Effectiveness of Official Dai…Effective Foreign Exchange Intervention: Matching Strategies with Objectives (2003)Effective Foreign Exchange In…Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan (2002)Is Foreign Exchange Market In…ECB Foreign Exchange Intervention and the EURO: Institutional Framework, News, and Intervention (2002)ECB Foreign Exchange Interven…Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations (1985)Bayesian skepticism on unit root econometrics (1988)Forward Discount Bias: Is it an Exchange Risk Premium? (1989)The market microstructure of central bank intervention (2002)Is sterilised foreign exchange intervention effective after all? an event study approach (2003)The Relationship Between Exchange Rates and Inflation Targeting Revisited (2006)Exchange Rates and the Current Account. (1980)Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis (1980)Empirical exchange rate models of the seventies (1983)Chapter 37 Puzzles in international financial markets (1995)The Rules of the Game: International Money in Historical Perspective (2016)Global Portfolio Rebalancing and Exchange Rates (2022)Efficient Analytic Approximation of American Option Values (1987)Target Zones and Exchange Rate Dynamics (1991)How Markets Process Information: News Releases and Volatility (1993)The Creation and Resolution of Market Uncertainty: The Impact of Information Releases on Implied Volatility (1996)A survey of market practitioners’ views on exchange rate dynamics (2000)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Estimating betas from nonsynchronous data (1977)Using daily stock returns (1985)What's in a name.com?: The effects of ‘.com’ name changes on stock prices and trading activity (2001)Multi-country event-study methods (2010)Event study on the reaction of the developed and emerging stock markets to the 2019-nCoV outbreak (2020)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The arbitrage theory of capital asset pricing (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)The Effectiveness of Central-Bank Intervention: A Survey of the Literature After 1982 (1993)The temporal pattern of trading rule returns and exchange rate intervention: intervention does not generate technical trading profits (2002)An Analysis of Recent Studies of the Effect of Foreign Exchange Intervention (2005)When Is Foreign Exchange Intervention Effective? Evidence from 33 Countries (2019)Optimal Central Bank Intervention in the Foreign Exchange Market (1999)Is Official Exchange Rate Intervention Effective? (2004)The coordination channel of foreign exchange intervention: A nonlinear microstructural analysis (2007)Government Intervention in the Foreign Exchange Market (2003)Central bank authorities' beliefs about foreign exchange intervention (2007)Communication and exchange rate policy (2008)Government Intervention and Adverse Selection Costs in Foreign Exchange Markets (2000)Foreign exchange market intervention and expectations: The yen/dollar exchange rate (2005)Monetary policy news and exchange rate responses: Do only surprises matter? (2007)The determinants of cross-border equity flows (2004)Financial Globalization: A Reappraisal (2006)Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation (2008)
this work references cited by second hop

References

  • 1997Event Studies in Economics and Finance4,623 cited
  • 1997Foundations of International Macroeconomics2,980 cited
  • 1993Does foreign-exchange intervention matter? The portfolio effect385 cited
  • 1993Measuring security price performance using daily NASDAQ returns247 cited
  • 1996Central bank intervention and the volatility of foreign exchange rates: evidence from the options market230 cited
  • 1993Does Foreign Exchange Intervention Work226 cited
  • 1984On the effects of sterilized intervention165 cited
  • 1996U.S. Intervention : Assessing the Probability of Success155 cited
  • 1995Are Foreign Exchange Intervention and Monetary Policy Related, and Does It Really Matter?90 cited
  • 1999Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market84 cited
  • 2002On the Effectiveness of Sterilized Foreign Exchange Intervention67 cited

Cited by

  • 2002ECB Foreign Exchange Intervention and the EURO: Institutional Framework, News, and Intervention59 cited
  • 2006Central Bank Interventions, Communication & Interest Rate Policy in Emerging European Economies45 cited
  • 2003Statements of ECB Officials and Their Effect on the Level and Volatility of the Euro-Dollar Exchange Rate44 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 2005Asymmetric adjustment and nonlinear dynamics in real exchange rates38 cited
  • 2004What Prompts Japan to Intervene in the Forex Market? A New Approach to a Reaction Function35 cited
  • 2003Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan34 cited
  • 2005How Successful are Exchange Rate Communication and Interventions? Evidence from Time-Series and Event-Study Approaches29 cited
  • 2005Rules Versus Discretion in Foreign Exchange Intervention: Evidence from Official Bank of Canada High-Frequency Data28 cited
  • 2003Effective Foreign Exchange Intervention: Matching Strategies with Objectives22 cited
  • 2005Daily Effects of Foreign Exchange Intervention: Evidence from Official Bank of Canada Data20 cited
  • 2013Interventions and Inflation Expectations in an Inflation Targeting Economy18 cited
  • 2011Internal and External Discipline Following Securities Class Actions17 cited
  • 2018Foreign exchange interventions in Brazil and their impact on volatility: A quantile regression approach15 cited
  • 2002Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan14 cited
  • 2006Testing the Effectiveness of the Czech National Bank’s Foreign-Exchange Interventions12 cited
  • 2005How Transparent is the Intervention Exchange Rate Policy of the Bank of Japan?12 cited