An exchange market pressure measure for cross country analysis
نویسندگان
چکیده
منابع مشابه
A cross-country Exchange Market Pressure (EMP) dataset
The data presented in this article are related to the research article titled - "An exchange market pressure measure for cross country analysis" (Patnaik et al. [1]). In this article, we present the dataset for Exchange Market Pressure values (EMP) for 139 countries along with their conversion factors, ρ (rho). Exchange Market Pressure, expressed in percentage change in exchange rate, measures ...
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Exchange market pressure (EMP) measures the pressure on a currency to depreciate. It adds to the actual depreciation a weighted combination of policy instruments used to ward off depreciation, such as interest rates and foreign exchange interventions, where the weights are their effectiveness. The key difficulty in the literature is how to identify these weights. We exploit the persistence of p...
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ژورنال
عنوان ژورنال: Journal of International Money and Finance
سال: 2017
ISSN: 0261-5606
DOI: 10.1016/j.jimonfin.2017.02.004