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dc.contributor.advisorEconomics
dc.contributor.authorGERLACH, PETRA
dc.date.accessioned2013-08-12T15:17:11Z
dc.date.available2013-08-12T15:17:11Z
dc.date.issued15/10/2012
dc.date.submitted2012en
dc.identifier.citationGerlach, Petra, Currency intervention and the global portfolio balance effect: Japanese lessons, 2012en
dc.identifier.otherN
dc.identifier.urihttp://hdl.handle.net/2262/67032
dc.descriptionPUBLISHEDen
dc.description.abstractThis paper shows that the Japanese foreign exchange interventions in 2003/04 seem to have lowered long-term interest rates in a wide range of countries, including Japan. It seems that this decline was triggered by the investment of the intervention proceeds in US bonds and that a global portfolio balance effect spread the resulting decline in US yields to other bond markets, thus easing global monetary conditions.en
dc.language.isoenen
dc.publisherESRIen
dc.relation.ispartofseriesESRI Working Paper;442
dc.rightsYen
dc.subject.otherEconomics
dc.titleCurrency intervention and the global portfolio balance effect: Japanese lessonsen
dc.typeWorking Paperen
dc.type.supercollectionscholarly_publicationsen
dc.identifier.peoplefinderurlhttp://people.tcd.ie/gerlachp
dc.identifier.rssinternalid82440


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