Foreign Exchange Intervention: Objectives and Effectiveness

by Sylvester Eijffinger

Overview

This important collection of previously published articles and papers, together with an original introduction by the editor, provides both a comprehensive overview of the subject and a more detailed examination of the issues.

Topics covered include: the objectives and effectiveness of foreign exchange intervention; the portfolio-balance and expectations channel; new approaches to foreign exchange intervention; technical analysis, private information and game-theoretic models.

Product Details

ISBN-13:	9781858988122
Publisher:	Edward Elgar Publishing
Publication date:	01/01/1998
Series:	The International Library of Critical Writings in Economics
Edition description:	New Edition
Pages:	608
Product dimensions:	6.88(w) x 9.50(h) x (d)

About the Author

Edited by Sylvester Eijffinger, Professor of Economics, Tilburg University, the Netherlands and CEPR

Table of Contents

Contents: Introduction Part I: The Objectives of Foreign Exchange Intervention Part II: The Effectiveness of Foreign Exchange Intervention Part III: New Approaches to Foreign Exchange Intervention Index

Editorial Reviews

Brings together articles first published in various journals from the 1970s through the 1990s, in sections on the objectives of foreign exchange intervention, the effectiveness of foreign exchange intervention and the portfolio-balance and expectations channel, and new approaches to foreign exchange intervention involving technical analysis, private information, and game-theoretic models. Specific topics include exchange rate policy in Japan, the effects of sterilized intervention, market responses to coordinated central bank intervention, and the London foreign exchange market. Annotation c. by Book News, Inc., Portland, Or.

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