1[4]Colvo, C. Reinhart, M. Fear of floating. NBER Working Paper No. 7993,2000
2[5]Dominguez, K. M. The market microstructure of central bank intervention. NBER Working Popeer NO. 7337,2000
3[6]Dominguez, K. M. Frankel J. A. Does foreign-exchange intervention matter? the portfolio effect. American Economic Review,1993(83): 1356 ~ 1369
4[7]Emmoott, Bill. The deadly sins of government, AWG Loterary Agency, 1996
5[8]Engle, R. F. Rodrigues. A. P. Tests of international CAPM with time-varying covariance. NBER Working Paper, NO.2303,1987
6[9]Evans,Martin D.Lyons Richard K. Order flow and exchange rate dynamics. Journal of Political Economy,2002:110,170~ 181
7[10]Frankel, J. A. Rose, A. K. A survey of empirical research o nominal exchange rate, NBER Working Paper, No .4865,1994
8[11]Mark, Nelson C. Time varying betas and risk premium in the pricing of foward foreign exchange contracts, Journal of Financial Economics, 1988(22) :335 ~ 354
9[12]McKonzic, M. The economics of exchange rate volatility asymmetry. international Journal of Finance and Economics, 2002(7) :247 ~ 260
10[13]Obsffeld, M. The effectiveness of foreign-exchange intervention:recent experience, 1985 ~ 1988,in International policy coordination and exchange rate fluctuations. Edited by Branson, W. H. et al. The University of Chicago Press, 1990:197 ~ 237