Arbeitspapier
Foreign exchange intervention: A new database
We construct a novel database of monthly foreign exchange interventions for 49 countries over up to 22 years. We build on a text classification approach that extracts information about interventions from news articles and calibrate our procedure to data about actual interventions. Our new dataset allows us to document stylized facts about the use of foreign exchange interventions for countries that neither publish their data nor make them available to researchers. Moreover, we show that foreign exchange interventions are used in a complementary way with capital controls and macroprudential regulation.
- Sprache
-
Englisch
- Erschienen in
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Series: Kiel Working Paper ; No. 2171
- Klassifikation
-
Wirtschaft
Foreign Exchange
International Monetary Arrangements and Institutions
Central Banks and Their Policies
- Thema
-
foreign exchange intervention
capital controls
macroprudential regulation
international capital flows
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fratzscher, Marcel
Heidland, Tobias
Menkhoff, Lukas
Sarno, Lucio
Schmeling, Maik
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Fratzscher, Marcel
- Heidland, Tobias
- Menkhoff, Lukas
- Sarno, Lucio
- Schmeling, Maik
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2020