Post by Ben Seipel, University of Wisconsin-River Falls/California State University, Chico; with Gina Biancarosa, University of Oregon; Sarah E. Carlson, Georgia State University; and Mark L. Davison, ...
Post by Ben Seipel, University of Wisconsin-River Falls/California State University, Chico; with Gina Biancarosa, University of Oregon; Sarah E. Carlson, Georgia State University; and Mark L. Davison, ...
We analyze the profitability of FX swaps used by the central bank of Brazil to shed light on the rationale for FX intervention. We find that swaps are profitable in expectation, suggesting that FX ...
About The Study: Adoption of the proposed framework to identify when causal interpretation is appropriate in observational studies promises to facilitate better communication between authors, ...
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