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Intervention and the dollar

Author

Listed:
  • Owen F. Humpage

Abstract

A study of U.S. intervention in the foreign exchange market between 1984 and 1987, concluding that exchange-rate stability among nations depends on fundamental macroeconomic policies, not intervention.

Suggested Citation

  • Owen F. Humpage, 1988. "Intervention and the dollar," Economic Commentary, Federal Reserve Bank of Cleveland, issue Sep.
    • Handle: RePEc:fip:fedcec:y:1988:i:sep1
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    Citations

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    Cited by:

    1. Eijffinger, S.C.W. & Gruijters, A.P.D., 1989. "On the effectiveness of daily interventions by the Deutsche Bundesbank and the federal reserve system in the U.S. Dollar-Deutsche Mark exchange market," Research Memorandum FEW 394, Tilburg University, School of Economics and Management.
    2. Raymond F. Mikesell, 1995. "Proposals for Changing the Functions of the International Monetary Fund (IMF)," Economics Working Paper Archive wp_150, Levy Economics Institute.
    3. Rasmus Fatum, 2009. "Official Japanese Intervention in the JPY/USD Exchange Rate Market: Is It Effective, and through Which Channel Does It Work?," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 27(1), pages 75-98, November.
    4. repec:wsr:fiwnot:y:2012:i:008 is not listed on IDEAS
    5. Kiss M., Norbert, 2005. "A jegybanki devizapiaci intervenció hatékonysága. Nemzetközi tapasztalatok és elméleti megfontolások [Effectiveness of central-bank intervention on foreign-exchange markets. International experienc," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 846-872.
    6. Owen F. Humpage, 1998. "The Federal Reserve as an informed foreign-exchange trader," Working Papers (Old Series) 9815, Federal Reserve Bank of Cleveland.
    7. Raymond F. Mikesell, "undated". "Revisiting Bretton Woods, Proposals for Reforming the International Monetary Institutions," Economics Public Policy Brief Archive ppb_24, Levy Economics Institute.

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