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The Accuracy of Press Reports Regarding the Foreign Exchange Interventions of the Bank of Japan

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dc.creator Frenkel, Michael
dc.creator Pierdzioch, Christian
dc.creator Stadtmann, Georg
dc.date 2002
dc.date.accessioned 2013-10-16T06:56:41Z
dc.date.available 2013-10-16T06:56:41Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17775
dc.identifier ppn:350942064
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17775
dc.description This paper presents evidence on the accuracy of press reports regarding the foreign exchange market interventions conducted by the Bank of Japan (BoJ) between January 1995 and December 1999. We find that the reports of interventions in the financial press are a relatively inaccurate indicator for the actual interventions of the BoJ. We also find that the accuracy of press reports of BoJ interventions is higher for those interventions which were carried out jointly by the BoJ and the Federal Reserve.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1108
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F31
dc.subject G14
dc.subject G15
dc.subject F33
dc.subject ddc:330
dc.subject Foreign exchange market
dc.subject Central bank interventions
dc.subject Press reports of interventions
dc.subject Bank of Japan
dc.subject Wechselkurspolitik
dc.subject Staatliche Information
dc.subject Wirtschaftsinformation
dc.subject Monetärer Indikator
dc.subject Schätzung
dc.subject Japan
dc.title The Accuracy of Press Reports Regarding the Foreign Exchange Interventions of the Bank of Japan
dc.type doc-type:workingPaper
dc.coverage 1995-1999


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