THE EFFECT OF FORWARD EXCHANGE INTERVENTION: COMMENT.

This paper reduces the effect of forward intervention to two equations. One equation is used when the arbitrage function is infinitely elastic and the other is used in all other cases. This paper first proceeds by deriving both equations and showing how they relate to the literature in the field. <B...

Full description

Bibliographic Details

Published in:	Southern Economic Journal Vol. 39; no. 2; pp. 311 - 317
Main Author:	Strokes, Houston H.
Format:	Article
Published:	Wiley-Blackwell Oct72
Subjects:	Arbitrage Foreign exchange rates Demand function
Online Access:	View this record in EBSCOhost