Portfolio Balance, Price Impact, and Secret Intervention
收藏NBER2001-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w8356
下载链接
链接失效反馈官方服务:
资源简介:
This paper tests the portfolio-balance approach to exchange rate determination in a new way. Past work on portfolio balance in foreign exchange falls into two groups: (1) tests using measures of asset supply and (2) tests using measures of central-bank asset demand. We address the demand side, but
提供机构:
美国国家经济研究局
创建时间:
2001-07-01



