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8. Kenen, P. (1982) Effects of Intervention and Sterilization in the Short Run and in the Long Run, In The International Monetary System under Flexible Exchange Rates: Global, Regional, and National: Essays in Honor of Robert Triffin, eds.

Cooper R.N., Kenen P.B., de Macedo J.B, and van Ypersele J., Cambridge, MA: Ballinger.

9. Obstfeld, M. (1990) The Effectiveness of Foreign-Exchange Intervention: Recent Experience, in International Policy Coordination and Exchange Rate Fluctuations, edited by William H. Branson, Jacob A. Frenkel, and Morris Goldstein, pp. 197 237. Chicago: The University of Chicago Press, NBER Working Paper No. 2796.

10. Rogoff, K. (1984) On the Effects of Sterilized Intervention:

An Analysis of Weekly Data, Journal of Monetary Economics 14.

11. Sarno, L., Taylor, M. (2001) Official Intervention in the Foreign Exchange Market: Is It Effective If So, How Does It Work, Journal of Economic Literature, Volume 39.

12. Taylor, D. (1982) Official Intervention in the Foreign Exchange Market, or, Bet against the Central Bank, Journal of Political Economy, 1982, vol. 90(2).

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