Central bank intervention and ex rate volatility

The St Louis Fed Working Paper "Central bank intervention and exchange rate volatility, its continuous and jump components" analyses the relationship between interventions and volatility at daily and intra-daily frequencies for the two major exchange rate markets.

Using recent econometric methods to estimate realized volatility, the authors decompose exchange rate volatility into two major components: a continuously varying component and jumps. Some coordinated interventions affect the temporary

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account