English  |  正體中文  |  简体中文  |  Items with full text/Total items : 56401/90256 (62%)
Visitors : 11689418      Online Users : 43
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/50340


    Title: Effects of Japanese intervention on yen/dollar exchange rate volatility: a conditional jump dynamics approach
    Authors: Wan, Jer-yuh;Kao, Chung-wei
    Contributors: 淡江大學經濟學系
    Keywords: Economics;Macroeconomics
    Date: 2010-03
    Issue Date: 2010-08-09 15:42:38 (UTC+8)
    Publisher: Abingdon: Routledge
    Abstract: This article investigates the effects of foreign exchange interventions by the Japanese authorities on the level as well as the volatility of yen/dollar exchange rate. The empirical results show interventions in the last decade were effective not only in altering the exchange rate level, but also in volatility reduction. Jump events that tended to drive yen's appreciations and volatility increases have been effectively reduced by the 'large-in-size' interventions during the last decade. Our findings are in compliance with the coordination channel that explains the effectiveness in intervention proposed by Taylor (2004) and Reitz and Taylor (2006).
    Relation: Applied Economics Letters 17(4), pp.367-373
    DOI: 10.1080/13504850701735799
    Appears in Collections:[Graduate Institute & Department of Economics] Journal Article

    Files in This Item:

    File Description SizeFormat
    1350-4851_17(4)p367-373.pdf128KbAdobe PDF356View/Open
    Effects of Japanese intervention on yendollar exchange rate volatility a conditional jump dynamics approach.pdf233KbAdobe PDF0View/Open
    index.html0KbHTML7View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback