A Structural Break in the Effects of Japanese Foreign Exchange Intervention on Yen/dollar Exchange Rate Volatility

A Structural Break in the Effects of Japanese Foreign Exchange Intervention on Yen/dollar Exchange Rate Volatility
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Total Pages : 36
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ISBN-10 : OCLC:166026348
ISBN-13 :
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Book Synopsis A Structural Break in the Effects of Japanese Foreign Exchange Intervention on Yen/dollar Exchange Rate Volatility by : Eric Hillebrand

Download or read book A Structural Break in the Effects of Japanese Foreign Exchange Intervention on Yen/dollar Exchange Rate Volatility written by Eric Hillebrand and published by . This book was released on 2006 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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In this paper we test for the short-term impact of foreign exchange intervention on both the level of the yen/dollar exchange rate and the volatility in the yen
Japanese Foreign Exchange Intervention and the Yen/dollar Exchange Rate
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We use realized volatility to study the influence of central bank interventions on the yen/dollar exchange rate. Realized volatility is a technical innovation t