Effectiveness of the Costa Rican Central Bank forex intervention
This paper represents an empirical approach to assess the effectiveness of foreign exchange interventions following the criteria by K. Domínguez (1998) using a GARCH model based on the work by C. Broto (2012). Analyses are conducted to evaluate the FOREX rules of intervention followed by the BCCR, a...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidad Nacional, Costa Rica
2016-03-01
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| Series: | Economía y Sociedad |
| Subjects: | |
| Online Access: | http://www.revistas.una.ac.cr/index.php/economia/article/view/7725 |