Is Central Bank Intervention Effective in Stabilizing Exchange Rates?

American economic review

1992 • 16,670 citations

Journal of economic literature

1996 • 10,163 citations

Does foreign-exchange intervention matter? The portfolio effect

1993 • 428 citations

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

1993 • 373 citations

The role of official intervention

1981 • 275 citations

The Rules of the Game: International Money in Historical Perspective

2016 • 207 citations

Does foreign exchange intervention signal future monetary policy?

1996 • 206 citations

The new transatlantic economy

1996 • 195 citations

On the effects of sterilized intervention

1984 • 161 citations

Managing the dollar: from the Plaza to the Louvre

1988 • 121 citations

The European Monetary System, 1979-87

2014 • 115 citations

International Policy Coordination and Exchange Rate Fluctuations

1990 • 114 citations

Reputation and Credibility in the European Monetary System

1991 • 109 citations

Testing long-run neutrality: empirical evidence for G7-countries with special emphasis on Germany

1994 • 91 citations

Exchange rates, inflation, and the sterilization problem

1983 • 84 citations

Is it signalling? Exchange intervention and the dollar-Deutschemark rate

1992 • 79 citations

The Effectiveness of Foreign-Exchange Intervention: Recent Experience

1988 • 68 citations

National Monetary Policies and International Financial Markets.

1978 • 47 citations

Foreign exchange intervention as a signal of monetary policy

1991 • 47 citations

Does Foreign Exchange Intervention Matter? Disentangling the Portfolio and Expectations Effects for the Mark

1990 • 46 citations

Intervention in the mark/dollar market: the authorities' reaction function

1984 • 44 citations

Sterilization policy: The trade-off between monetary autonomy and control over foreign exchange reserves

1977 • 41 citations

National Monetary Policies and International Financial Markets.

1978 • 38 citations

Foreign exchange market intervention and domestic monetary control in Japan, 1973–1989

1991 • 32 citations

What has foreign exchange market intervention since the Plaza Agreement accomplished?

1991 • 30 citations

Interventions, sterilisation and monetary policy in European Monetary System countries, 1979-87

1988 • 30 citations

Central-Bank Intervention: Recent Literature, Continuing Controversy

1991 • 24 citations

Monetary policy in developed economies

1993 • 16 citations

The intervention and financing mechanisms of the EMS and the role of the ECU

2013 • 12 citations

Foreign Exchange Market Intervention and Domestic Monetary Control in Japan, 1973-89

1989 • 9 citations

Cooperation in Managing the Dollar (1985–1987): Interventions in Foreign Exchange Markets and Interest Rates

1992 • 8 citations

Does Foreign Exchange Intervention Matter? Disentangling the Portfolio and Expectations Effects

1992 • 6 citations