Description
This comprehensive collection of research and analysis explores the complex and debated topic of foreign exchange intervention. Central banks employ intervention to influence currency values, but its effectiveness is often limited, and its impact can be overshadowed by market expectations. The signaling effect of intervention is a key area of study, with research suggesting that it can convey information about future monetary policy, but its impact on exchange rates is often short-lived. In economies with free capital mobility, such as Japan, intervention is less effective, and its impact is often ambiguous. The literature highlights the challenges of measuring the effectiveness of intervention, and the need for a nuanced understanding of its role in managing market expectations. This collection provides a valuable resource for economists and policymakers seeking to understand the intricacies of foreign exchange intervention.
Details
- Product Type: BOOK
- Barcode: 9781858982632
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Delivery Information: We aim to deliver your order as quickly and efficiently as possible. All UK orders are dispatched using Royal Mail 48 Tracked service and the standard delivery times are 2-3 business days. Please note that delivery times for overseas orders will vary depending on your location and the shipping option you choose during checkout.
Shipping Costs: We offer free delivery on all UK orders and free worldwide delivery on orders over £15.
Tracking Your Order: All UK orders are tracked. Once your order is dispatched, you will receive a tracking number via email. You can use this tracking number to monitor the progress of your delivery on the Royal Mail Track and Trace website.
Returns and Exchanges: We want you to be completely satisfied with your purchase. If for any reason you are not happy with your order, you may return it within 28 days of the item being dispatched for a refund or exchange. Please note the following guidelines:
- Items must be returned in their original condition and packaging – items that have been opened or had shrink wrap removed are not eligible for return or refund.
- Make sure to include your order number in the returned package.
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