Exchange market pressure

Authors
Publication date 2010
Host editors
  • S.N. Durlauf
  • L.E. Blume
Book title The new Palgrave dictionary of economics online. - 2nd ed.
Publisher Basingstoke: Palgrave Macmillan
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract 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.
Document type Chapter
Language English
Published at https://doi.org/10.1057/9780230226203.1927
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