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Official Foreign Exchange Intervention

Author/Editor: Jorge Iván Canales Kriljenko, Cem Karacadag, Roberto Pereira Guimarães, Shogo Ishii.

Release Date:March, 2006

Despite increasing exchange rate flexibility, central banks in emerging markets still intervene in their foreign exchange markets for several reasons. In doing so, they face many operational more...



Price: $28.00
Moving to a Flexible Exchange Rate

Author/Editor: Rupa Duttagupta, Cem Karacadag, Gilda C Fernandez.

Release Date:January, 2006

A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetary independence. Other countries have more...



Price: $5.00
Moving to a Flexible Exchange Rate

Author/Editor: Rupa Duttagupta, Cem Karacadag, Gilda C Fernandez.

Release Date:January, 2006

A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetary independence. Other countries have more...



Price: $5.00
The Empirics of Foreign Exchange Intervention in Emerging Markets : The Cases of Mexico and Turkey

Author/Editor: Cem Karacadag, Roberto Pereira Guimarães.

Release Date:July, 2004

This paper analyzes the effects of intervention on the level and volatility of the exchange rate in Mexico and Turkey, two emerging countries that have floating exchange rate regimes. The paper finds more...



Price: $15.00
From Fixed to Float : Operational Aspects of Moving towards Exchange Rate Flexibility

Author/Editor: Gilda Fernandez, Cem Karacadag, Rupa Duttagupta.

Release Date:July, 2004

This paper identifies the institutional and operational requisites for transitions to floating exchange rate regimes. In particular, it explores key issues underlying the transition, including more...



Price: $15.00
Official Intervention in the Foreign Exchange Market : Elements of Best Practice

Author/Editor: Jorge Iván Canales Kriljenko, Cem Karacadag, Roberto Pereira Guimarães.

Release Date:July, 2003

This paper offers guidance on the operational aspects of official intervention in the foreign exchange market, particularly in developing countries with flexible exchange rate regimes. A brief survey more...



Price: $15.00
An Attempt to Profile the Finances of China's Enterprise Sector

Author/Editor: Cem Karacadag, Paul J Heytens.

Release Date:November, 2001

This paper examines the leverage, efficiency, and debt-repayment capacity of the Chinese enterprise sector using aggregate and firm level data. The cash coverage of interest expense, in particular, more...



Price: $15.00