Details about Owen F. Humpage

Access statistics for papers by Owen F. Humpage.

Last updated 2022-10-25. Update your information in the RePEc Author Service.

Short-id: phu403

Working Papers

2023

1. On the Origins of the Federal Reserve System and Its Structure
   Working Papers, Federal Reserve Bank of Cleveland

2020

2. Even Keel and the Great Inflation
   Working Papers, Federal Reserve Bank of Cleveland
   Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2013) View citations (2)
   Working Papers (Old Series), Federal Reserve Bank of Cleveland (2015) View citations (1)

2016

3. Fiscal Dominance and US Monetary: 1940–1975
   Working Papers (Old Series), Federal Reserve Bank of Cleveland

2014

4. Federal Reserve Policy and Bretton Woods
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (8)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (8)
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014) View citations (4)
5. Independent within—not of—Government: The Emergence of the Federal Reserve as a Modern Central Bank
   Working Papers (Old Series), Federal Reserve Bank of Cleveland
6. The Evolution of the Federal Reserve Swap Lines since 1962
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (10)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (11)

2012

7. Bretton Woods, swap lines, and the Federal Reserve’s return to intervention
   Working Papers (Old Series), Federal Reserve Bank of Cleveland
8. Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
   Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2012) View citations (15)
   See also Chapter Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century, NBER Chapters, National Bureau of Economic Research, Inc (2015) View citations (1) (2015)

2011

9. On the evolution of U.S. foreign-exchange-market intervention: thesis, theory, and institutions
   Working Papers (Old Series), Federal Reserve Bank of Cleveland
   See also Chapter On the Evolution of US Foreign-Exchange-Market Intervention: Thesis, Theory, and Institutions, NBER Chapters, National Bureau of Economic Research, Inc (2016) (2016)
10. The Federal Reserve as an Informed Foreign Exchange Trader: 1973 - 1995
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2011) View citations (2)
    See also Journal Article The Federal Reserve as an Informed Foreign Exchange Trader: 1973–1995, International Journal of Central Banking, International Journal of Central Banking (2012) View citations (11) (2012)
11. U.S. Intervention During the Bretton Woods Era: 1962-1973
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2011)
    See also Chapter US Intervention during the Bretton Woods Era, 1962–1973, NBER Chapters, National Bureau of Economic Research, Inc (2015) View citations (1) (2015)
12. U.S. monetary-policy evolution and U.S. intervention
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

2010

13. U.S. Foreign-Exchange-Market Intervention and the Early Dollar Float: 1973 - 1981
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
14. U.S. Foreign-Exchange-Market Intervention during the Volcker-Greenspan Era
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2010) View citations (2)
15. U.S. intervention and the early dollar float: 1973-1981
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Chapter US Intervention and the Early Dollar Float, 1973–1981, NBER Chapters, National Bureau of Economic Research, Inc (2015) View citations (1) (2015)

2009

16. A brief empirical history of U.S. foreign-exchange intervention: 1973-1995
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

2006

17. Bretton Woods and the U.S. decision to intervene in the foreign-exchange market, 1957-1962
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
18. Option prices, exchange market intervention, and the higher moment expectations channel: a user’s guide
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (5)
    See also Journal Article Option prices, exchange market intervention, and the higher moment expectations channel: a user's guide, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2007) View citations (8) (2007)
19. Swedish Intervention and the Krona Float, 1993-2002
    Working Paper Series, Sveriges Riksbank (Central Bank of Sweden) View citations (5)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2005) View citations (1)
20. The Historical Origins of U.S. Exchange Market Intervention Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article The historical origins of US exchange market intervention policy, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2007) View citations (10) (2007)
21. The Revalued Renminbi (Power Point Presentation)
    Agricultural Outlook Forum 2006, United States Department of Agriculture, Agricultural Outlook Forum

2005

22. An assessment of the impact of Japanese foreign exchange intervention: 1991-2004
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (12)

2003

23. An analysis of Japanese foreign exchange interventions, 1991-2002
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (3)
24. Government intervention in the foreign exchange market
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (55)

2002

25. Do energy-price shocks affect core-price measures?
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (5)

2001

26. Coalitions, power, and the FOMC
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)
27. Sterilized intervention, nonsterilized intervention, and monetary policy
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (8)

1999

28. Intervention as information: a survey
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (3)

1998

29. The Federal Reserve as an informed foreign-exchange trader
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)

1996

30. U.S. intervention: assessing the probability of success
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (4)
    See also Journal Article U.S. Intervention: Assessing the Probability of Success, Journal of Money, Credit and Banking, Blackwell Publishing (1999) View citations (127) (1999)

1992

31. New results on the impact of central-bank intervention on deviations from uncovered interest parity
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
32. Post-Louvre intervention: did target zones stabilize the dollar?
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (26)

1990

33. Intervention and the foreign exchange risk premium: an empirical investigation of daily effects
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (6)
    See also Journal Article Intervention and the foreign exchange risk premium: An empirical investigation of daily effects, Global Finance Journal, Elsevier (1992) View citations (14) (1992)

1986

34. Intervention, exchange-rate volatility, and the stable paretian distribution
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (4)

1984

35. Dollar intervention and the deutschemark-dollar exchange rate: a daily time-series model
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (9)

Journal Articles

2012

1. The Federal Reserve as an Informed Foreign Exchange Trader: 1973–1995
   International Journal of Central Banking, 2012, 8, (1), 127-160 View citations (11)
   See also Working Paper The Federal Reserve as an Informed Foreign Exchange Trader: 1973 - 1995, NBER Working Papers (2011) View citations (2) (2011)

2007

2. Option prices, exchange market intervention, and the higher moment expectations channel: a user's guide
   International Journal of Finance & Economics, 2007, 12, (2), 225-247 View citations (8)
   See also Working Paper Option prices, exchange market intervention, and the higher moment expectations channel: a user’s guide, Working Papers (Old Series) (2006) View citations (5) (2006)
3. The historical origins of US exchange market intervention policy
   International Journal of Finance & Economics, 2007, 12, (2), 109-132 View citations (10)
   See also Working Paper The Historical Origins of U.S. Exchange Market Intervention Policy, NBER Working Papers (2006) View citations (3) (2006)

2003

4. The Myth of a Strong Dollar Policy
   Cato Journal, 2003, 22, (3), 417-429 View citations (1)

2001

5. Global monetary integration; a conference sponsored by the Federal Reserve Bank of Cleveland, June 1-3, 2000
   Proceedings, 2001, (May)
6. Introduction: context, issues and contributions
   Proceedings, 2001, 303-311

2000

7. Intervention from an information perspective
   Journal of International Financial Markets, Institutions and Money, 2000, 10, (3-4), 407-421 View citations (52)
8. The United States as an informed foreign-exchange speculator
   Journal of International Financial Markets, Institutions and Money, 2000, 10, (3-4), 287-302 View citations (33)

1999

9. U.S. Intervention: Assessing the Probability of Success
   Journal of Money, Credit and Banking, 1999, 31, (4), 731-47 View citations (127)
   See also Working Paper U.S. intervention: assessing the probability of success, Working Papers (Old Series) (1996) View citations (4) (1996)

1992

10. Intervention and the foreign exchange risk premium: An empirical investigation of daily effects
    Global Finance Journal, 1992, 3, (1), 23-50 View citations (14)
    See also Working Paper Intervention and the foreign exchange risk premium: an empirical investigation of daily effects, Working Papers (Old Series) (1990) View citations (6) (1990)

1990

11. Avoiding Monetary Protectionism: The Role of Policy
    Cato Journal, 1990, 10, (2), 541-563

Books

2015

1. Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century
   NBER Books, National Bureau of Economic Research, Inc View citations (47)

Chapters

2016

1. Front matter, Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2016
2. On the Evolution of US Foreign-Exchange-Market Intervention: Thesis, Theory, and Institutions
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2016, pp 1-26
   See also Working Paper On the evolution of U.S. foreign-exchange-market intervention: thesis, theory, and institutions, Federal Reserve Bank of Cleveland (2011) (2011)

2015

3. Appendix 1: Summaries of Bank of England Documents
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 365-373
4. Appendix 2: Empirical Method for Assessing Success Counts
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 375-388
5. Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 345-363 View citations (1)
   See also Working Paper Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century, National Bureau of Economic Research, Inc (2012) View citations (14) (2012)
6. Exchange Market Policy in the United States: Precedents and Antecedents
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 27-55
7. Introducing the Exchange Stabilization Fund, 1934–1961
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 56-119
8. Lessons from the Evolution of US Monetary and Intervention Policies
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 332-343
9. Notes, References, Index
   A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 389-442
10. US Foreign-Exchange-Market Intervention during the Volcker-Greenspan Era, 1981–1997
    A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 268-331 View citations (1)
11. US Intervention and the Early Dollar Float, 1973–1981
    A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 210-267 View citations (1)
    See also Working Paper U.S. intervention and the early dollar float: 1973-1981, Federal Reserve Bank of Cleveland (2010) (2010)
12. US Intervention during the Bretton Woods Era, 1962–1973
    A chapter in Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century, 2015, pp 120-209 View citations (1)
    See also Working Paper U.S. Intervention During the Bretton Woods Era: 1962-1973, National Bureau of Economic Research, Inc (2011) View citations (3) (2011)