Currencies can be under severe pressure in the foreign exchange market, but in a fixed (or managed) exchange rate regime that is not fully visible via the change in the exchange rate. Exchange market pressure (EMP) is a concept developed to nevertheless measure the pressure in such cases. This article describes EMP and its measurement
Over the last four decades the exchange rate has had an important role on economies. The exchange ra...
Recent empirical studies of the determinants and effects of currency crises have relied primarily on...
The general aim of this paper is to examine the eectiveness of the ExchangeMarket Pressure (EMP) ind...
Currencies can be under severe pressure, but in a managed exchange rate regime that is not fully vis...
If there is exchange market pressure (EMP), monetary authorities can use the interest rate and offic...
The Exchange Market Pressure (EMP) index, developed by Eichengreen et al. (1994), is widely used as ...
The Exchange Market Pressure (EMP) index, developed by Eichengreen et al. (1994), is widely used as ...
International audienceThe Exchange Market Pressure (EMP) index, developed by Eichengreen et al. (199...
Exchange market pressure (EMP) measures the pressure on a currencyto depreciate. It adds to the actu...
Exchange market pressure (EMP) measures the pressure on a currency to depreciate. It adds to the act...
This thesis uses the concept of exchange market pressure (EMP) - which is a measure of ex ante exter...
Central banks with an exchange rate objective set the interest rate in response to what they call ''...
In this paper we estimate exchange market pressure (EMP) in four euro-candidate countries over the p...
This study seeks to demonstrate that the identification of crisis episodes based on commonly applied...
Currency crises exert strong pressure on currencies often causing costly economic adjustment. A meas...
Over the last four decades the exchange rate has had an important role on economies. The exchange ra...
Recent empirical studies of the determinants and effects of currency crises have relied primarily on...
The general aim of this paper is to examine the eectiveness of the ExchangeMarket Pressure (EMP) ind...
Currencies can be under severe pressure, but in a managed exchange rate regime that is not fully vis...
If there is exchange market pressure (EMP), monetary authorities can use the interest rate and offic...
The Exchange Market Pressure (EMP) index, developed by Eichengreen et al. (1994), is widely used as ...
The Exchange Market Pressure (EMP) index, developed by Eichengreen et al. (1994), is widely used as ...
International audienceThe Exchange Market Pressure (EMP) index, developed by Eichengreen et al. (199...
Exchange market pressure (EMP) measures the pressure on a currencyto depreciate. It adds to the actu...
Exchange market pressure (EMP) measures the pressure on a currency to depreciate. It adds to the act...
This thesis uses the concept of exchange market pressure (EMP) - which is a measure of ex ante exter...
Central banks with an exchange rate objective set the interest rate in response to what they call ''...
In this paper we estimate exchange market pressure (EMP) in four euro-candidate countries over the p...
This study seeks to demonstrate that the identification of crisis episodes based on commonly applied...
Currency crises exert strong pressure on currencies often causing costly economic adjustment. A meas...
Over the last four decades the exchange rate has had an important role on economies. The exchange ra...
Recent empirical studies of the determinants and effects of currency crises have relied primarily on...
The general aim of this paper is to examine the eectiveness of the ExchangeMarket Pressure (EMP) ind...