The foreign exchange market interventions of the European Central Bank

We analyze the effectiveness of the foreign exchange market interventionsconducted by the European Central Bank (ECB) in the fall of 2000 to support the external stability of the euro. To this end, we discuss different channels through whichinterventions may influence exchange rate dynamics. We use...

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Bibliographic Details
Main Authors: M. Frenkel, C. Pierdzionc, G. Stadtmann
Format: Article
Language:English
Published: Associazione Economia civile 2001-09-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9933/9815