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Exchange Market Pressure

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The New Palgrave Dictionary of Economics

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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.

This chapter was originally published in The New Palgrave Dictionary of Economics Online, 2010. Edited by Palgrave Macmillan

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Bibliography

  • Eichengreen, B., A.K. Rose, and C. Wyplosz. 1996. Speculative attacks on pegged exchange rates: An empirical exploration with special reference to the European Monetary System. In The new transatlantic economy, ed. M.B. Canzoneri, W.J. Ethier, and V. Grilli, 191–228. Cambridge: Cambridge University Press.

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  1. http://link.springer.com/referencework/10.1007/978-1-349-95121-5

    Henk Jager & Franc Klaassen

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  1. Henk Jager
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  2. Franc Klaassen
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    Jager, H., Klaassen, F. (2010). Exchange Market Pressure. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2913-1

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    • DOI: https://doi.org/10.1057/978-1-349-95121-5_2913-1

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    • Publisher Name: Palgrave Macmillan, London

    • Online ISBN: 978-1-349-95121-5

    • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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