Does Central Bank Intervention Increase the Volatility of Foreign Exchange Rates?
收藏NBER1993-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4532
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资源简介:
Since the abandonment of the Bretton Woods system of fixed exchange rates in the early 1970s, exchange rates have displayed a surprisingly high degree of time-conditional volatility. This volatility can be explained statistically using autoregressive conditional heteroscedasticity models, but there
提供机构:
美国国家经济研究局
创建时间:
1993-11-01



