@techreport{20.500.12134/5907,
author = {Echavarría, Juan José},
author = {Melo-Velandia, Luis Fernando},
author = {Téllez, Santiago},
author = {Villamizar-Villegas, Mauricio},
year = {2013},
month = {5},
url = {https://repositorio.banrep.gov.co/handle/20.500.12134/5907},
abstract = {The adoption of a managed regime assumes that interventions are relatively successful. However, while some authors consider that foreign exchange interventions are ineffective, arguing that domestic and foreign assets are close substitutes, others advocat},
publisher = {Banco de la República},
booktitle = {Borradores de Economía},
volume = {Borradores de Economía; No. 767},
title = {The impact of pre-announced day-to-day interventions on the colombian exchange rate},
keywords = {Central bank intervention},
keywords = {Reaction function},
keywords = {Tobit-GARCH},
keywords = {Foreign exchange intervention mechanisms},
keywords = {Capital controls},
keywords = {Dirty interventions},
doi = {https://doi.org/10.32468/be.767},
}