An assessment of Weymark's measures of exchange market intervention: the case of Japan
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Bibliographische Detailangaben
Beteiligte Personen: Chen, Shiu-Sheng (VerfasserIn), Taketa, Kenshi (VerfasserIn)
Format: Buch
Sprache:Englisch
Veröffentlicht: Tokyo IMES 2006
Schriftenreihe:Discussion paper series / Institute for Monetary and Economic Studies, Bank of Japan 2006,3
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Abstract:This paper assesses the validity of the index of foreign exchange market intervention proposed by Weymark (1997, JIMF). We construct the Weymark index for Japan and then compare it with Japanese public intervention data to evaluate its performance. The results suggest that research using the Weymark index should be interpreted with caution.--Authors' description.
Umfang:19 S. graph. Darst.