What prompts Japan to intervene in the Forex market? A new approach to a reaction function

The Twin Crises: The Causes of Banking and Balance-of-Payments Problems

1999 • 5,051 citations

Tests for Parameter Instability and Structural Change With Unknown Change Point

1993 • 4,272 citations

It's Baaack: Japan's Slump and the Return of the Liquidity Trap

1998 • 1,761 citations

The Economics of Exchange Rates

2003 • 1,381 citations

Official Intervention in the Foreign Exchange Market: Is It Effective and, If So, How Does It Work?

2001 • 825 citations

Central bank intervention and exchange rate volatility

1998 • 447 citations

The Economics of Exchange Rates

2004 • 394 citations

The Effectiveness of Central-Bank Intervention: A Survey of the Literature After 1982

1993 • 373 citations

Does foreign exchange intervention work?

1995 • 310 citations

Does Foreign Exchange Intervention Work

1993 • 256 citations

Is sterilised foreign exchange intervention effective after all? an event study approach

2003 • 234 citations

Why do central banks intervene?

1997 • 219 citations

The Zero Bound in an Open Economy: A Foolproof Way of Escaping from a Liquidity Trap

2001 • 215 citations

Is Foreign Exchange Intervention Effective?: The Japanese Experiences in the 1990s

2002 • 186 citations

Identifying the efficacy of central bank interventions: evidence from Australia and Japan

2004 • 165 citations

A friction model of daily Bundesbank and Federal Reserve intervention

1996 • 151 citations

Dollar adjustment : how far? against what?

2004 • 111 citations

Official Intervention in the Foreign Exchange Market: Is it Effective, and, If so, How Does it Work?

2001 • 104 citations

Dollar overvaluation and the world economy

2003 • 81 citations

Foreign Exchange Intervention: Theory and Evidence

1996 • 70 citations

Central bank intervention and market expectations

2002 • 58 citations

The Effects of Japanese Foreign Exchange Intervention, GARCH Estimation and Change Point Detection

2004 • 30 citations

The Effects of Japanese Foreign Exchange Intervention GARCH Estimation and Change Point Detection

2003 • 14 citations

Bank of Japan and Federal Reserve Interventions in the Yen/ U.S. Dollar Market: Estimating the Central Banks' Reaction Functions

2002 • 9 citations