Myths and reality of foreign exchange interventions: an application to Japan
Takatoshi Ito ()
International Journal of Finance & Economics, 2007, vol. 12, issue 2, 133-154
The objective of this paper is to examine what we know, and do not know, about foreign exchange interventions by the monetary authorities, and to present some new evidence on the Japanese intervention activities. With limited data, efforts are made to determine whether some conventionally made assertions are a myth or a fact. Copyright © 2007 John Wiley & Sons, Ltd.
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