An Assessment of Weymark's Measures of Exchange Market Intervention
| Author | : Shiu-Sheng Chen |
| Publisher | : |
| Total Pages | : 26 |
| Release | : 2006 |
| ISBN-10 | : UCSD:31822034974998 |
| ISBN-13 | : |
| Rating | : 4/5 (98 Downloads) |
Book Synopsis An Assessment of Weymark's Measures of Exchange Market Intervention by : Shiu-Sheng Chen
Download or read book An Assessment of Weymark's Measures of Exchange Market Intervention written by Shiu-Sheng Chen and published by . This book was released on 2006 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the validity of the index of foreign exchange market intervention proposed by Weymark (1997, JIMF). We construct the Weymark index for Japan and then compare it with Japanese public intervention data to evaluate its performance. The results suggest that research using the Weymark index should be interpreted with caution.--Authors' description.
