Related Books

On the credibility issue of exchange rate target zones
Language: en
Pages: 68
Authors: Matthias Rau-Göhring
Categories: Business & Economics
Type: BOOK - Published: 2003-04-29 - Publisher: diplom.de

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Inhaltsangabe:Zusammenfassung: Währungskrisen, wie die des Europäischen Währungssystems (EWS) 1992, können noch immer nur unzureichend vorausgesagt werden.
The Simplest Test of Target Zone Credibility
Language: en
Pages: 38
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 1990-11-01 - Publisher: International Monetary Fund

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Under the assumption of no arbitrage exchange rate target zone credibility is tested by whether domestic interest rates fall within “rate-of-return bands” b
On the Evolution of Credibility and Flexible Exchange Rate Target Zones
Language: en
Pages: 60
Authors: Renzo G. Avesani
Categories: Applied mathematics
Type: BOOK - Published: 1994 - Publisher:

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Target Zones and Forward Rates in a Model with Repeated Realignments
Language: en
Pages: 54
Authors: Mr.Leonardo Bartolini
Categories: Business & Economics
Type: BOOK - Published: 1992-03-01 - Publisher: International Monetary Fund

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This paper studies the implications of the imperfect credibility of an exchange rate target zone on the term structure of forward premia. The relationship betwe
Target Zones and Exchange Rates
Language: en
Pages: 68
Authors: Geert Bekaert
Categories: Foreign exchange administration
Type: BOOK - Published: 1996 - Publisher:

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In this paper we develop an empirical model of exchange rates in a target zone. The model is general enough to nest most theoretical and empirical models in the