The impact of different types of foreign exchange intervention : an event study approach

Borradores de Economia
Number: 
784
Published: 
Classification JEL: 
E52, E58, F31
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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To date, there is still great controversy as to which exchange rate model should be used or which monetary channel should be considered, when measuring the effects of monetary policy. Since most of the literature relies on structural models to address ide