{"id":"https://openalex.org/W1978182473","doi":"https://doi.org/10.1080/13504851.2012.689106","title":"Foreign exchange reserves management in the presence of jump risk","display_name":"Foreign exchange reserves management in the presence of jump risk","publication_year":2012,"publication_date":"2012-05-29","ids":{"openalex":"https://openalex.org/W1978182473","doi":"https://doi.org/10.1080/13504851.2012.689106","mag":"1978182473"},"language":"en","primary_location":{"id":"doi:10.1080/13504851.2012.689106","doi":"https://doi.org/10.1080/13504851.2012.689106","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13504851.2012.689106","pdf_url":null,"source":{"id":"https://openalex.org/S96544531","display_name":"Applied Economics Letters","issn_l":"1350-4851","issn":["1350-4851","1466-4291"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics Letters","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100523290","display_name":"Dewei Zhang","orcid":"https://orcid.org/0000-0002-5535-3431","observed_orcids":["https://orcid.org/0000-0002-5535-3431"]},"institutions":[{"id":"https://openalex.org/I183067930","display_name":"Shanghai Jiao Tong University","ror":"https://ror.org/0220qvk04","country_code":"CN","type":"education","lineage":["https://openalex.org/I183067930"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Dewei Zhang","raw_affiliation_strings":["Department of Finance, Shanghai Jiao Tong University, Room 314, Building No 10, No 535, Fahuazhen Road, Shanghai, Shanghai, 200052, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, Shanghai Jiao Tong University, Room 314, Building No 10, No 535, Fahuazhen Road, Shanghai, Shanghai, 200052, China","institution_ids":["https://openalex.org/I183067930"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5003776111","display_name":"Chunyang Zhou","orcid":"https://orcid.org/0000-0001-7925-9178","observed_orcids":["https://orcid.org/0000-0001-7925-9178"]},"institutions":[{"id":"https://openalex.org/I183067930","display_name":"Shanghai Jiao Tong University","ror":"https://ror.org/0220qvk04","country_code":"CN","type":"education","lineage":["https://openalex.org/I183067930"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Chunyang Zhou","raw_affiliation_strings":["Department of Finance, Shanghai Jiao Tong University, Room 314, Building No 10, No 535, Fahuazhen Road, Shanghai, Shanghai, 200052, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, Shanghai Jiao Tong University, Room 314, Building No 10, No 535, Fahuazhen Road, Shanghai, Shanghai, 200052, China","institution_ids":["https://openalex.org/I183067930"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5003776111"],"corresponding_institution_ids":["https://openalex.org/I183067930"],"apc_list":null,"apc_paid":null,"fwci":0.5055,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.75772421,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"20","issue":"3","first_page":"250","last_page":"254"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9833999872207642,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9833999872207642,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.009999999776482582,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13901","display_name":"State Capitalism and Financial Governance","score":0.0013000000035390258,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/foreign-exchange-reserves","display_name":"foreign exchange reserves","score":0.8370000123977661},{"id":"https://openalex.org/keywords/reserve-management","display_name":"reserve management","score":0.8059999942779541},{"id":"https://openalex.org/keywords/jump-risk","display_name":"jump risk","score":0.9739999771118164},{"id":"https://openalex.org/keywords/risky-assets","display_name":"risky assets","score":0.8259999752044678},{"id":"https://openalex.org/keywords/central-bank-intervention","display_name":"central bank intervention","score":0.9610000252723694}],"concepts":[{"id":"https://openalex.org/C2780695682","wikidata":"https://www.wikidata.org/wiki/Q4005959","display_name":"Jump","level":2,"score":0.7249121069908142},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.6904551386833191},{"id":"https://openalex.org/C121232785","wikidata":"https://www.wikidata.org/wiki/Q317617","display_name":"Foreign-exchange reserves","level":3,"score":0.6141393184661865},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.553448498249054},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5452788472175598},{"id":"https://openalex.org/C2983132609","wikidata":"https://www.wikidata.org/wiki/Q66076","display_name":"Foreign exchange","level":2,"score":0.5306676030158997},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.5021572113037109},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.49933433532714844},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3937036991119385},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.1041569709777832},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.06312507390975952},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.05981522798538208},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/13504851.2012.689106","doi":"https://doi.org/10.1080/13504851.2012.689106","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13504851.2012.689106","pdf_url":null,"source":{"id":"https://openalex.org/S96544531","display_name":"Applied Economics Letters","issn_l":"1350-4851","issn":["1350-4851","1466-4291"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics Letters","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:apeclt:v:20:y:2013:i:3:p:250-254","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/13504851.2012.689106","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":7,"referenced_works":["https://openalex.org/W612098489","https://openalex.org/W1743952524","https://openalex.org/W1969481231","https://openalex.org/W2107193251","https://openalex.org/W2151065060","https://openalex.org/W2797641211","https://openalex.org/W4229739412"],"related_works":["https://openalex.org/W2296058381","https://openalex.org/W612098489","https://openalex.org/W3087460027","https://openalex.org/W2013192751","https://openalex.org/W83405337","https://openalex.org/W1794828226","https://openalex.org/W1587215867","https://openalex.org/W3083930204","https://openalex.org/W2566729082","https://openalex.org/W3123356164"],"abstract_inverted_index":{"This":[0],"article":[1],"investigates":[2],"how":[3,57],"the":[4,7,15,23,26,34,37,41,44,52,59,65,70,76,79,92],"jump":[5,24,42],"in":[6,25,43,64,75],"exchange":[8,27,66],"rate":[9,28],"and":[10],"risky":[11,38,45,95],"asset":[12,46],"can":[13,62,73],"affect":[14],"central":[16,60,71],"bank's":[17],"foreign":[18,82],"management.":[19],"We":[20],"find":[21],"that":[22],"has":[29,47],"a":[30,48,85],"positive":[31],"impact":[32,54],"on":[33,56],"need":[35,93],"for":[36,94],"asset,":[39],"whereas":[40],"negative":[49],"impact.":[50],"However,":[51],"overall":[53],"relies":[55],"effective":[58],"bank":[61,72],"intervene":[63,74],"market.":[67],"Specifically,":[68],"if":[69],"market":[77],"effectively,":[78],"safety":[80],"of":[81],"reserves":[83],"becomes":[84],"more":[86],"important":[87],"issue,":[88],"which":[89],"will":[90],"decrease":[91],"asset.":[96]},"counts_by_year":[{"year":2014,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
