Arbeitspapier
The Accuracy of Press Reports Regarding the Foreign Exchange Interventions of the Bank of Japan
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1108
- Klassifikation
-
Wirtschaft
Foreign Exchange
Information and Market Efficiency; Event Studies; Insider Trading
International Financial Markets
International Monetary Arrangements and Institutions
- Thema
-
Foreign exchange market
Central bank interventions
Press reports of interventions
Bank of Japan
Wechselkurspolitik
Staatliche Information
Wirtschaftsinformation
Monetärer Indikator
Schätzung
Japan
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Frenkel, Michael
Pierdzioch, Christian
Stadtmann, Georg
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute of World Economics (IfW)
- (wo)
-
Kiel
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Objekttyp
- Arbeitspapier
Beteiligte
- Frenkel, Michael
- Pierdzioch, Christian
- Stadtmann, Georg
- Kiel Institute of World Economics (IfW)
Entstanden
- 2002
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