FX intervention in the Yen-US dollar market: a coordination channel perspective

The coordination channel has recently been established as an additional means by which foreign exchange market intervention may be effective. It is conjectured that strong and persistent misalignments of the exchange rate are caused by a coordination failure among fundamentals-based traders. In such...

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Veröffentlicht in:International economics and economic policy 2012-06, Vol.9 (2), p.111-128
Hauptverfasser: Reitz, Stefan, Taylor, Mark P.
Format: Artikel
Sprache:eng
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