메뉴 건너뛰기




Volumn 10, Issue 3-4, 2000, Pages 229-247

Foreign reserve and money dynamics with asset portfolio adjustment: International evidence

Author keywords

Intervention; Offset coefficients; Sterilization

Indexed keywords


EID: 0034364851     PISSN: 10424431     EISSN: None     Source Type: Journal    
DOI: 10.1016/S1042-4431(00)00030-5     Document Type: Article
Times cited : (11)

References (20)
  • 1
    • 21344432533 scopus 로고    scopus 로고
    • Analyzing inflation by the fractionally integrated ARFIMA-GARCH model
    • Baillie, R., Chung, C., Tieslau, M., 1996. Analyzing inflation by the fractionally integrated ARFIMA-GARCH model. J. Appl. Econometrics 11, 23-40.
    • (1996) J. Appl. Econometrics , vol.11 , pp. 23-40
    • Baillie, R.1    Chung, C.2    Tieslau, M.3
  • 3
    • 0001766550 scopus 로고
    • Comparing the intensity of exchange market intervention with Frankel and Aizenman's index of managed float
    • Cuddington, J., 1991. Comparing the intensity of exchange market intervention with Frankel and Aizenman's index of managed float. J. Int. Econ. 31, 383-386.
    • (1991) J. Int. Econ. , vol.31 , pp. 383-386
    • Cuddington, J.1
  • 4
    • 0000898219 scopus 로고
    • A generalization and assessment of the index of managed float
    • Cuddington, J., 1993. A generalization and assessment of the index of managed float. Can. J. Econ. 26, 235-240.
    • (1993) Can. J. Econ. , vol.26 , pp. 235-240
    • Cuddington, J.1
  • 5
    • 0031494132 scopus 로고    scopus 로고
    • Is there a unit root in the inflation rate? Evidence from sequential break and panel data models
    • Culver, S., Papell, D., 1997. Is there a unit root in the inflation rate? Evidence from sequential break and panel data models. J. Appl. Econometrics 12, 435-444.
    • (1997) J. Appl. Econometrics , vol.12 , pp. 435-444
    • Culver, S.1    Papell, D.2
  • 6
    • 0000852454 scopus 로고
    • The effectiveness of central-bank intervention: A survey of the literature after 1982
    • July, Princeton University
    • Edison, H.J., 1993. The effectiveness of central-bank intervention: a survey of the literature after 1982, Special papers in international finance, no. 18, July, Princeton University.
    • (1993) Special Papers in International Finance , vol.18
    • Edison, H.J.1
  • 7
    • 0033480680 scopus 로고    scopus 로고
    • Is intervention a signal of future monetary policy? Evidence from the federal funds market
    • Fatum, R., M. Hutchison, 1999. Is intervention a signal of future monetary policy? Evidence from the federal funds market. J. Money, Credit Banking 31(1), 54-69.
    • (1999) J. Money, Credit Banking , vol.31 , Issue.1 , pp. 54-69
    • Fatum, R.1    Hutchison, M.2
  • 8
    • 0002258424 scopus 로고
    • The recent development of the short-term money markets in Japan and changes in the techniques and procedures of monetary control used by the bank of Japan
    • Bank for International Settlements, Basel
    • Fukui, T., 1986. The recent development of the short-term money markets in Japan and changes in the techniques and procedures of monetary control used by the bank of Japan. In: Changes in Money Market Instruments and Procedures: Objectives and Implications. Bank for International Settlements, Basel, pp. 94-126.
    • (1986) Changes in Money Market Instruments and Procedures: Objectives and Implications , pp. 94-126
    • Fukui, T.1
  • 9
    • 0003353524 scopus 로고
    • Monetary policy, intervention, and exchange rates in Japan
    • Glick, R., Hutchison, M. (Eds.), Ch. 10. Cambridge University Press, New York
    • Glick, R., Hutchison, M., 1994. Monetary Policy, Intervention, and Exchange Rates in Japan. In: Glick, R., Hutchison, M. (Eds.), Exchange Rate Policy and Interdependence: Perspectives from the Pacific Basin, Ch. 10. Cambridge University Press, New York.
    • (1994) Exchange Rate Policy and Interdependence: Perspectives from the Pacific Basin
    • Glick, R.1    Hutchison, M.2
  • 10
    • 0001361511 scopus 로고
    • Sterilization policy: The trade-off between monetary autonomy and control over foreign exchange reserves
    • Herring, R., Marston, R., 1977. Sterilization policy: the trade-off between monetary autonomy and control over foreign exchange reserves. Eur. Econ. Rev. 10, 225-343.
    • (1977) Eur. Econ. Rev. , vol.10 , pp. 225-343
    • Herring, R.1    Marston, R.2
  • 11
    • 0003192332 scopus 로고    scopus 로고
    • The intraday exchange rate dynamics and monetary policies after the group of five agreement
    • Ito, T., 1987. The intraday exchange rate dynamics and monetary policies after the Group of Five agreement. Journal of the Japanese and International Economics 1, 275-298.
    • Journal of the Japanese and International Economics , vol.1 , pp. 275-298
    • Ito, T.1
  • 12
    • 0000158117 scopus 로고    scopus 로고
    • Estimation and hypothesis testing of cointegrating vectors in Gaussian autoregression models
    • Johansen, S., 1991. Estimation and hypothesis testing of cointegrating vectors in Gaussian autoregression models. Econometrica 59, 1551-1580.
    • Econometrica , vol.59 , pp. 1551-1580
    • Johansen, S.1
  • 13
    • 84981579311 scopus 로고
    • Maximum likelihood estimation and inference on cointegration with applications for the demand for money
    • Johansen, S., Juselius, K., 1990. Maximum likelihood estimation and inference on cointegration with applications for the demand for money. Oxf. Bull. Econ. Stat. 52, 169-210.
    • (1990) Oxf. Bull. Econ. Stat. , vol.52 , pp. 169-210
    • Johansen, S.1    Juselius, K.2
  • 14
    • 0002389875 scopus 로고
    • Germany
    • Fratianni, M., Salvatore, D. (Eds.), Ch. 9. Greenwood, Westport, CT
    • Neuman, M., von Hagen, J., 1992. Germany. In: Fratianni, M., Salvatore, D. (Eds.), Monetary Policy in Developed Economies, Ch. 9. Greenwood, Westport, CT.
    • (1992) Monetary Policy in Developed Economies
    • Neuman, M.1    Von Hagen, J.2
  • 15
    • 0000298544 scopus 로고
    • Exchange rates, inflation, and the sterilization problem: Germany 1975-81
    • Obstfeld, M., 1983. Exchange rates, inflation, and the sterilization problem: Germany 1975-81. Eur. Econ. Rev. 21, 161-189.
    • (1983) Eur. Econ. Rev. , vol.21 , pp. 161-189
    • Obstfeld, M.1
  • 16
    • 0000293155 scopus 로고
    • On the effects of sterilized intervention: An analysis of weekly data
    • Rogoff, K., 1984. On the effects of sterilized intervention: an analysis of weekly data. J. Monetary Econ. 14, 133-150.
    • (1984) J. Monetary Econ. , vol.14 , pp. 133-150
    • Rogoff, K.1
  • 17
    • 0002232312 scopus 로고
    • Japan's monetary policy over the past 10 years (Bank of Japan)
    • Suzuki, Y., 1985. Japan's monetary policy over the past 10 years (Bank of Japan). Monetary Econ. Stud. 3, 1-18.
    • (1985) Monetary Econ. Stud. , vol.3 , pp. 1-18
    • Suzuki, Y.1
  • 18
    • 0001450412 scopus 로고
    • Foreign exchange market intervention and domestic monetary control in Japan, 1973-89
    • Takagi, S., 1991. Foreign exchange market intervention and domestic monetary control in Japan, 1973-89. Japan World Econ. 3, 147-180.
    • (1991) Japan World Econ. , vol.3 , pp. 147-180
    • Takagi, S.1
  • 19
    • 0008721181 scopus 로고
    • Money targeting with exchange rate constraints: The Bundesbank in the 1980s, (Federal Reserve Bank of St. Louis)
    • von Hagen, J., 1989. Money targeting with exchange rate constraints: the Bundesbank in the 1980s, (Federal Reserve Bank of St. Louis). Econ. Rev. 9-10, 53-69.
    • (1989) Econ. Rev. , vol.9-10 , pp. 53-69
    • Von Hagen, J.1
  • 20
    • 0003363076 scopus 로고
    • The signaling effect of foreign exchange intervention: The case of Japan
    • Glick, R., Hutchison, M. (Eds.), Ch. 11. Cambridge University Press, Cambridge, UK
    • Watanabe, T., 1994. The signaling effect of foreign exchange intervention: the case of Japan. In: Glick, R., Hutchison, M. (Eds.), Exchange Rate Policy and Interdependence: Perspectives from the Pacific Basin, Ch. 11. Cambridge University Press, Cambridge, UK.
    • (1994) Exchange Rate Policy and Interdependence: Perspectives from the Pacific Basin
    • Watanabe, T.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.