Currency Bands, Target Zones, and Cash Limits : Thresholds for Monetary and Fiscal Policy /

Exchange rate behavior is analyzed in the context of a stochastic rational expectations model in which there are random shocks to the price setting mechanism and in which the authorities choose to impose either nominal or real exchange rate bands. Results are compared to those which emerge from a si...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Miller, Marcus
Awduron Eraill: Weller, Paul
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1990.
Cyfres:IMF Working Papers; Working Paper ; No. 1990/006
Mynediad Ar-lein:Full text available on IMF