Implicit bands in the Yen/Dollar exchange rate

Ledesma-Rodríguez, Francisco; Navarro-Ibáñez, Manuel; Pérez-Rodríguez, Jorge; Sosvilla-Rivero, Simon

[journal article]

dc.contributor.author	Ledesma-Rodríguez, Francisco	de
dc.contributor.author	Navarro-Ibáñez, Manuel	de
dc.contributor.author	Pérez-Rodríguez, Jorge	de
dc.contributor.author	Sosvilla-Rivero, Simon	de
dc.date.accessioned	2011-04-01T05:02:00Z	de
dc.date.accessioned	2012-08-29T23:08:03Z
dc.date.available	2012-08-29T23:08:03Z
dc.date.issued	2009	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/24273
dc.description.abstract	This paper attempts to identify implicit exchange rate regimes for the Yen/Dollar exchange rate. To that end, we apply a sequential procedure that considers both the dynamics of exchange rates and central bank interventions to data covering the period from 1971 to 2003. Our results suggest that implicit bands existed in two subperiods: April-December 1980 and March-October 1987, the latter coinciding with the Louvre Accord. Furthermore, the study of the credibility of such implicit bands indicates the high degree of confidence attributed by economic agents to the evolution of the Yen/Dollar exchange rate within the detected implicit band rate, thus lending further support to the relevance of such implicit bands.	en
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.subject.other	exchange rate regimes; implicit fluctuation bands; exchange rates
dc.subject.other	Wechselkurspolitik; Yen; US-Dollar
dc.title	Implicit bands in the Yen/Dollar exchange rate	en
dc.description.review	begutachtet (peer reviewed)	de
dc.description.review	peer reviewed	en
dc.source.journal	Applied Economics	de
dc.publisher.country	USA
dc.subject.classoz	Economic Policy	en
dc.subject.classoz	Political Economy	en
dc.subject.classoz	Wirtschaftspolitik	de
dc.subject.classoz	Volkswirtschaftslehre	de
dc.subject.thesoz	USA	de
dc.subject.thesoz	Wechselkurs	de
dc.subject.thesoz	rate of exchange	en
dc.subject.thesoz	Japan	en
dc.subject.thesoz	Japan	de
dc.subject.thesoz	United States of America	en
dc.identifier.urn	urn:nbn:de:0168-ssoar-242730	de
dc.date.modified	2011-04-04T14:55:00Z	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	en
ssoar.gesis.collection	SOLIS;ADIS	de
ssoar.contributor.institution	http://www.peerproject.eu/	de
internal.status	3	de
internal.identifier.thesoz	10048140
internal.identifier.thesoz	10043757
internal.identifier.thesoz	10041244
dc.type.stock	article	de
dc.type.document	journal article	en
dc.type.document	Zeitschriftenartikel	de
dc.rights.copyright	f	de
dc.source.pageinfo	31
internal.identifier.classoz	1090300
internal.identifier.classoz	1090302
internal.identifier.journal	21	de
internal.identifier.document	32
internal.identifier.ddc	330
dc.identifier.doi	https://doi.org/10.1080/00036840802600384	de
dc.description.pubstatus	Postprint	en
dc.description.pubstatus	Postprint	de
internal.identifier.licence	7
internal.identifier.pubstatus	2
internal.identifier.review	1
internal.check.abstractlanguageharmonizer	CERTAIN
internal.check.languageharmonizer	CERTAIN_RETAINED

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Volkswirtschaftslehre (allgemein)
Political Economy (general)
Wirtschaftspolitik
Economic Policy

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