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- W1635687797 abstract "Given the absence of publicly available information on foreign exchange intervention, we propose an index of central bank intervention in the exchange market to classify exchange rate regimes adopted by four East Asian economies. We revisit an old debate on whether these crisis-effected East Asia countries have indeed returned to their pre-1997 rigid exchange rate policies. If, instead, there had been evidences of a policy shift to a more flexible regime, was the move voluntary, or mainly due to high market pressures on the currency? Our findings clearly reject the “hollow middle” hypothesis." @default.
- W1635687797 created "2016-06-24" @default.
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- W1635687797 date "2009-01-15" @default.
- W1635687797 modified "2023-09-27" @default.
- W1635687797 title "Intervention index and exchange rate regimes: the cases of selected East-Asian economies" @default.
- W1635687797 hasPublicationYear "2009" @default.
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