Details about Rasmus Fatum

Access statistics for papers by Rasmus Fatum.

Last updated 2021-10-25. Update your information in the RePEc Author Service.

Short-id: pfa285

Working Papers

2020

1. Reserves and Risk: Evidence from China
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   Also in Discussion paper series, Hitotsubashi Institute for Advanced Study, Hitotsubashi University (2020)
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2020)

2019

2. Accumulation of Foreign Currency Reserves and Risk-taking
   Discussion paper series, Hitotsubashi Institute for Advanced Study, Hitotsubashi University
   Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2019)
   BIS Working Papers, Bank for International Settlements (2018)
   See also Journal Article in Journal of International Money and Finance (2020)
3. Negative Interest Rate Policy and the Influence of Macroeconomic News on Yields
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (1)
   Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2019)
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2019) View citations (2)

2018

4. Beggar Thy Neighbor or Beggar Thy Domestic Firms? Evidence from 2000-2011 Chinese Customs Data
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2015)
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   See also Journal Article in Journal of International Economics (2018)

2017

5. The Exchange Rate Effects of Macro News after the Global Financial Crisis
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (1)
   Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2017)
   See also Journal Article in Journal of International Money and Finance (2019)

2016

6. Do oil endowment and productivity matter for accumulation of international reserves?
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas
   Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   See also Journal Article in Journal of International Money and Finance (2021)
7. Is the Renminbi a Safe Haven?
   Working Papers, Tokyo Center for Economic Research View citations (1)
   Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2016) View citations (1)
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   See also Journal Article in Journal of International Money and Finance (2017)

2014

8. Intra-safe haven currency behavior during the global financial crisis
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (1)
   See also Journal Article in Journal of International Money and Finance (2016)

2012

9. Does foreign exchange intervention volume matter?
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (1)

2010

10. Are the Intraday Effects of Central Bank Intervention on Exchange Rate Spreads Asymmetric and State Dependent?
    Discussion Papers, University of Copenhagen. Department of Economics
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010)
11. Asymmetries and state dependence: the impact of macro surprises on intraday exchange rates
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (7)
    See also Journal Article in Journal of the Japanese and International Economies (2012)
12. Does Foreign Exchange Reserve Decumulation Lead to Currency Appreciation?
    Working Papers, Research Seminar in International Economics, University of Michigan View citations (5)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010) View citations (5)
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics (2010) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (6)
13. Foreign Exchange Intervention When Interest Rates Are Zero: Does the Portfolio Balance Channel Matter After All?
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (14)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010) View citations (3)
    See also Journal Article in Journal of International Money and Finance (2015)

2009

14. Do Both U.S. and Foreign Macro Surprises Matter for the Intraday Exchange Rate? Evidence from Japan
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (1)
15. Official Japanese Intervention in the JPY/USD Exchange Rate Market: Is It Effective and Through Which Channel Does It Work?
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (9)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2009) View citations (10)
    See also Journal Article in Monetary and Economic Studies (2009)

2008

16. Evaluating Foreign Exchange Market Intervention: Self-selection, Counterfactuals and Average Treatment Effects
    Working Papers, Hong Kong Institute for Monetary Research View citations (2)
    Also in EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics (2006) View citations (2)
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2006) View citations (1)
    Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz (2006) View citations (1)
    See also Journal Article in Journal of International Money and Finance (2010)

2007

17. Real-Time Effects of Central Bank Interventions in the Euro Market
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (6)
    See also Journal Article in Journal of International Economics (2009)

2005

18. Daily Effects of Foreign Exchange Intervention: Evidence from Official Bank of Canada Data
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (14)
    See also Journal Article in Journal of International Money and Finance (2008)
19. Foreign Exchange Intervention and Monetary Policy in Japan, 2003-04
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (18)
20. Foreign Exchange Intervention and Monetary Policy in Japan, 2003-2004
    Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (7)
21. Monetary Policy News and Exchange Rate Responses: Do Only Surprises Matter?
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (2)
    See also Journal Article in Journal of Banking & Finance (2008)
22. Rules versus Discretion in Foreign Exchange Intervention: Evidence from Official Bank of Canada High-Frequency Data
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (18)
23. The Effectiveness of Official Foreign Exchange Intervention in a Small Open Economy: The Case of the Canadian Dollar
    Staff Working Papers, Bank of Canada View citations (10)

2003

24. Do Exchange Rates Respond to Day-to-Day Changes in Monetary Policy Expectations? Evidence from the Federal Funds Futures Market
    Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz View citations (2)
    Also in Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2003) View citations (3)
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics (2003) View citations (3)
25. Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz View citations (33)
    Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (2002) View citations (3)
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2003) View citations (34)
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (41)
    Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz (2003) View citations (32)
    See also Journal Article in Journal of International Money and Finance (2006)
26. One Monetary Policy and Eighteen Central Bankers: The European Monetary Policy as a Game of Strategic Delegation
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (1)

2000

27. On the effectiveness of sterilized foreign exchange intervention
    Working Paper Series, European Central Bank View citations (42)

Undated

28. ECB Foreign Exchange Intervention and the Euro: Institutional Framework, News and Intervention
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (38)
    See also Journal Article in Open Economies Review (2002)
29. Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (19)
30. Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (21)
    See also Journal Article in Journal of Money, Credit and Banking (1999)
31. Is Sterilized Foreign Exchange Intervention Effective After All? An Event Study Approach
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (29)
    See also Journal Article in Economic Journal (2003)

Journal Articles

2021

1. Do oil endowment and productivity matter for accumulation of international reserves?
   Journal of International Money and Finance, 2021, 117, (C)
   See also Working Paper (2016)

2020

2. Accumulation of foreign currency reserves and risk-taking
   Journal of International Money and Finance, 2020, 102, (C) View citations (2)
   See also Working Paper (2019)

2019

3. The exchange rate effects of macro news after the global Financial Crisis
   Journal of International Money and Finance, 2019, 95, (C), 424-443 View citations (6)
   See also Working Paper (2017)

2018

4. Beggar thy neighbor or beggar thy domestic firms? Evidence from 2000 to 2011 Chinese customs data
   Journal of International Economics, 2018, 115, (C), 16-29 View citations (8)
   See also Working Paper (2018)

2017

5. Is the Renminbi a safe haven?
   Journal of International Money and Finance, 2017, 79, (C), 189-202 View citations (11)
   See also Working Paper (2016)

2016

6. Intra-safe haven currency behavior during the global financial crisis
   Journal of International Money and Finance, 2016, 66, (C), 49-64 View citations (60)
   See also Working Paper (2014)

2015

7. Foreign exchange intervention when interest rates are zero: Does the portfolio balance channel matter after all?
   Journal of International Money and Finance, 2015, 57, (C), 185-199 View citations (13)
   See also Working Paper (2010)

2014

8. Large versus small foreign exchange interventions
   Journal of Banking & Finance, 2014, 43, (C), 114-123 View citations (11)

2013

9. Do Sales of Foreign Exchange Reserves Lead to Currency Appreciation?
   Journal of Money, Credit and Banking, 2013, 45, (5), 867-890 View citations (37)
   Also in Journal of Money, Credit and Banking, 2013, 45, (5), 867-890 (2013) View citations (12)
10. The intraday effects of central bank intervention on exchange rate spreads
    Journal of International Money and Finance, 2013, 33, (C), 103-117 View citations (5)

2012

11. Asymmetries and state dependence: The impact of macro surprises on intraday exchange rates
    Journal of the Japanese and International Economies, 2012, 26, (4), 542-560 View citations (27)
    See also Working Paper (2010)

2010

12. Evaluating foreign exchange market intervention: Self-selection, counterfactuals and average treatment effects
    Journal of International Money and Finance, 2010, 29, (3), 570-584 View citations (36)
    See also Working Paper (2008)

2009

13. Official Japanese Intervention in the JPY/USD Exchange Rate Market: Is It Effective, and through Which Channel Does It Work?
    Monetary and Economic Studies, 2009, 27, (1), 75-98 View citations (7)
    See also Working Paper (2009)
14. Real-time effects of central bank intervention in the euro market
    Journal of International Economics, 2009, 78, (1), 11-20 View citations (22)
    See also Working Paper (2007)

2008

15. Daily effects of foreign exchange intervention: Evidence from official Bank of Canada data
    Journal of International Money and Finance, 2008, 27, (3), 438-454 View citations (19)
    See also Working Paper (2005)
16. Monetary policy news and exchange rate responses: Do only surprises matter?
    Journal of Banking & Finance, 2008, 32, (6), 1076-1086 View citations (57)
    See also Working Paper (2005)

2006

17. Do Exchange Rates Respond to Day-to-Day Changes in Monetary Policy Expectations When No Monetary Policy Changes Occur?
    Journal of Money, Credit and Banking, 2006, 38, (6), 1641-1657 View citations (29)
18. Effectiveness of official daily foreign exchange market intervention operations in Japan
    Journal of International Money and Finance, 2006, 25, (2), 199-219 View citations (65)
    See also Working Paper (2003)
19. One monetary policy and 18 central bankers: The European monetary policy as a game of strategic delegation
    Journal of Monetary Economics, 2006, 53, (4), 659-669 View citations (24)

2005

20. Foreign exchange intervention and monetary policy in Japan, 2003–04
    International Economics and Economic Policy, 2005, 2, (2), 241-260 View citations (31)

2003

21. Is sterilised foreign exchange intervention effective after all? an event study approach
    Economic Journal, 2003, 113, (487), 390-411 View citations (172)
    See also Working Paper

2002

22. ECB Foreign Exchange Intervention and the EURO: Institutional Framework, News, and Intervention
    Open Economies Review, 2002, 13, (4), 413-425 View citations (48)
    See also Working Paper
23. Post-Plaza intervention in the DEM/USD exchange rate
    Canadian Journal of Economics, 2002, 35, (3), 556-567 View citations (23)
    Also in Canadian Journal of Economics/Revue canadienne d'économique, 2002, 35, (3), 556-567 (2002) View citations (11)

1999

24. Is Intervention a Signal of Future Monetary Policy? Evidece from the Federal Funds Futures Market
    Journal of Money, Credit and Banking, 1999, 31, (1), 54-69 View citations (69)
    See also Working Paper

Chapters

2018

1. Does the accumulation of foreign currency reserves affect risk-taking? An event study approach
   A chapter in The price, real and financial effects of exchange rates, 2018, vol. 96, pp 41-52