Foreign Exchange Intervention: Theory and Evidence

 다운로드

아마존 가격: $160.00 $160.00 당신은 저장: (%) (7 월 현재 12, 2018 12:25 오전 – 세부). 제품 가격과 가용성은 표시된 날짜 / 시간을 기준으로 정확하며 변경 될 수 있습니다.. 구매시 아마존 사이트에 표시된 모든 가격 및 가용성 정보는이 제품의 구매에 적용됩니다.

Central bank intervention in foreign currency markets is widely regarded as ineffective by economists, policy makers and financiers, yet many central banks continue to enter the market in periods of turbulence. In this text, Geert Almekinders explains why central banks continue to carry out foreign exchange interventions despite their poor track record. Using confidential daily intervention data from the Bundesbank and the Federal Reserve for the period 1985 ...에 1990, the author shows how both banks were unable, despite repeated attempts, to successfully reverse unwanted currency movements. Dr Almekinders develops a positive theory of interventiondrawing on game theoryto show how central banks which lack political independence are sometimes forced to engage in surprise interventions which are rendered ineffective by rational speculators who anticipate their moves. The author also makes extensive use of modern statistical models of exchange rates to examine the decision making process of central banks. The book includes surveys of existing theoretical and empirical investigations of foreign exchange intervention. This work should be welcomed by academic researchers and students, as well as economists and analysts in the financial sector, for its surveys of previous scholarship, the use of hitherto unavailable data from the Bundesbank and the Federal Reserve, and the policy conclusions which derive from the book's theoretical and empirical insights.

1000핍 빌더 다운로드

1000pip Climber System Download

이 항목이 게시되었습니다 외환 거래 EA, 전자 책, 비디오, 서적 태그 , , , , , , , , . 북마크 퍼머 링크.

답장을 남겨주세요

귀하의 이메일 주소는 공개되지 않습니다. Required fields are marked *

*

뭐가 9 + 12 ?
이 두 필드를 그대로 두십시오:
중대한! 진행할 수 있도록, 다음과 같은 간단한 수학을 풀어야합니다. (그래서 우리는 당신이 인간이라는 것을 알고 있습니다) :-)