Where Does the Meteor Shower Come From? The Role of Stochastic Policy Coordination
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The purpose of this paper is to examine the intra-daily volatility of the yen/dollar exchange rate over three different regimes from 1979 to 1988 which correspond to different degrees of international policy coordination. In each regime we test for heat wave vs. meteor shower effects. The heat wave
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美国国家经济研究局创建时间：
1990-10-01
