scholarly journals Monitoring Bands and Monitoring Rules: How Currency Intervention Can Change Market Composition

2007 ◽  
Author(s):  
Luisa Corrado ◽  
Marcus H. Miller ◽  
Lei Zhang
Keyword(s):  
Market Composition ◽  
Currency Intervention

scholarly journals Bulls, bears and excess volatility: can currency intervention help?

2007 ◽  
Vol 12 (2) ◽  
pp. 261-272 ◽  
Author(s):  
Luisa Corrado ◽  
Marcus Miller ◽  
Lei Zhang
Keyword(s):  
Excess Volatility ◽  
Currency Intervention

scholarly journals THE ROLE OF THE INVESTMENT ACTIVITY OF CENTRAL BANKS IN THE NATIONAL ECONOMY

2017 ◽  
Vol 2017 (1) ◽  
pp. 63-70
Author(s):  
Елена Федулова ◽  
Elena Fedulova ◽  
Светлана Кононова ◽  
Svetlana Kononova ◽  
Александр Матросов ◽  
...  
Keyword(s):  
Central Bank ◽  
National Economy ◽  
Foreign Exchange Market ◽  
Central Banks ◽  
Lender Of Last Resort ◽  
Investment Activity ◽  
State Of The Economy ◽  
General Scientific ◽  
Currency Intervention

Subject. The article is devoted to the implementation of investment activities of central banks. Goal and objectives. The article reveals the content and gives a comparative analysis of the investment activity of central banks in the different countries of the world. It defines the role of the central bank and its status in the country's financial and economic policy. Methodology. The methodological basis of the research is the general scientific method of cognition, as well as comparative, systemic and logical-structural analysis. Results. The analysis allowed the authors to structure the investment activity of central banks and to explain its individual components. The article gives a detailed analysis of motives for conducting currency intervention, instruments of investing in the foreign exchange market, as well as the role of the central bank as a lender of last resort and the crisis state of the economy as an impetus to the development of refinancing of credit institutions. It reviews various methods of refinancing and the effectiveness of their application in various economic conditions. Conclusions and significance. The research has allowed the authors to identify new tendencies, features and some contradictions of investment activity of central banks in the national economy.

The Effectiveness of Currency Intervention: Evidence from Mongolia

2021 ◽  
pp. 101439
Author(s):  
Victor Pontines ◽  
Davaajargal Luvsannyam ◽  
Enkhjin Atarbaatar ◽  
Ulziikhutag Munkhtsetseg
Keyword(s):  
Currency Intervention

scholarly journals Intra-brand competition in a differentiated oligopoly

2020 ◽  
Author(s):  
Michèle Breton ◽  
Lucia Sbragia
Keyword(s):  
Relative Efficiency ◽  
Firm Characteristics ◽  
New Firms ◽  
Market Conditions ◽  
Brand Competition ◽  
Production Techniques ◽  
Product Substitutability ◽  
Market Composition ◽  
Equilibrium Market ◽  
Different Sources

Abstract In this paper we consider a differentiated oligopoly with two product varieties that are supplied by two groups of firms. After computing the Cournot solution of the game, we study its sensitivity to different sources of competition, namely the degree of product substitutability and market composition. Market composition can change either via new firms entering one industry or via firms switching production techniques, thus modifying the intensity of intra-brand competition. After studying the welfare consequences of an intensification of competition, we identify the equilibrium market composition when firms are driven by profit considerations. All the results are expressed in terms of the degree of product substitutability and of what we define “weighted relative efficiency” (WRE), which is a parameter combining both firm characteristics and market conditions.

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