Central bank intervention
The need for government and central bank intervention in financial regulation: Free banking and the challenges of information uncertainty
... or central bank intervention have actually contributed to financial instability, to concede to these arguments would imply a lack of consideration of global developments which have occurred – ...
15
What Prompts Central Bank Intervention in the Barbadian Foreign Exchange Market?
... for Central Bank intervention in ...for intervention are more indicative than conclusive as they are largely conditional on (1) the accuracy of the model 5 ; and (2) the projections for oil ...
17
Order flow and central bank intervention: An empirical analysis of recent Bank of Japan actions in the foreign exchange market
... whether intervention affects net order flows in a regression framework, allowing the intervention to have both short-term and persistent effects on order ...the Bank of Japan, while financial ...
37
Modelling Central Bank Intervention Activity under Inflation Targeting
... CB intervention literature does not explicitly link FX intervention behavior to CB’s main targets, which is low inflation and/or output close to its ...FX intervention policy in an ad hoc manner ...
10
The day to day interbank market, volatility, and central bank intervention in a developing economy
... Also, the outcomes likely reveal, inter alia, banking failure‟s impact on market conditions. These events initially generate large uncertainty, which tends to lower the expected net real return on real assets. And this ...
50
Technical analysis and central bank intervention
... on intervention will be more profitable than one that does ...to intervention by the Granger causality tests may also be present as a non-linear component in the past exchange rate return ...of ...
36
The Non Zero Lower Bound Lending Rate and the Liquidity Trap
... a bank liquidity ...to bank liquidity preference because of the collapse of financial asset ...Subsequent central bank intervention, beyond easing the short-term liquidity freeze, ...
25
The Impact of Central Bank's intervention in the foreign exchange market on the Exchange Rate: The case of Zambia (1995 2008)
... to central bank intervention and other economic ...that central bank intervention reduced exchange rate volatility rather that volatility actually ...period intervention ...
89
Is the Tokyo Foreign Exchange Market Efficient from Two Perspectives of Forward Bias and Anomaly?
... The hypothesis for the formation of exchange rate ex- pectations may be one reason that interest rate parity, especially UIP, does not hold. Exchange rate expecta- tions are usually assumed to be adaptive or rational. ...
5
The applicability of the portfolio balance model of exchange rate determination to the Australian dollar
... 7 incorporating rational expectations, central bank intervention behaviour in the foreign exchange market and an analysis of the relationship between wage determination in the domestic e[r] ...
287
oa Business Management Review - The effectiveness of foreign exchange market intervention in Tanzania: an empirical assessment
... sterilized intervention is expected to leave the base money ...example, central bank intervention involving the purchase of ...such intervention, thereby returning the base money to the ...
26
Implementing repurchase agreements in emerging markets
... Another possible role for repos in the development of financial markets comes from their possible interpretation as collateralized lending. If excess liquidity frequently fails to move from surplus to deficit banks, it ...
13
Trends in Central Bank Transparency
... crisis. Central Banks in most developed countries had chosen to publish almost all data to which operational aspect re- ...hand, Central Banks in most emerging countries publish only short term forecasts ...
15
Central bank independence and ageing
... between central bank independence and inflation have been conducted in the 1990s, considering the 1960-1990 ...on central bank independence may have captured (and in fact hidden) changes in ...
8
Analysis of performance efficiency of selected public sector banks in india through intermediation approach
... benchmark bank as reference bank the efficiency has measured based on that the average and the rank has been ...benchmark bank was selected according to the maximum score of weighted input and ...
5
Financial sector reforms and monetary policy reforms in Zambia
... becomes an inevitable pre-requisite. With increased capital mobility, the demand for domestically defined monetary aggregates may become more sensitive to international interest rate differentials making it more ...
181
New CNB measures to stimulate credit growth: problems and solutions
... However, the governor's decision, enacted today, requires banks to purchase three-year compulsory CNB bills for the total amount of the released reserve requirements. No interest will be charged on these bills and they ...
15
Albanian Economic Model Facing the Global Recession
... by central and local government as well as the Central ...90’s Central Bank had the same tools available to influence the realization of macroeconomic ...Savings Bank it applied direct ...
14
Monitoring, Liquidity and Financial Crises
... of bank failure, the optimal policy may be either a systematic bailout using discretion or a mixed strategy; the latter provides a theoretical foundation for the “constructive ambiguity” doctrine ...on bank ...
33
Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries
... market intervention and expectations in Japan and United States by employing daily data for the sample period September 1993 - April ...that intervention does not significantly influence the mean of ...
12