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...

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Bibliografische gegevens
Hoofdauteur: Miller, Marcus
Andere auteurs: Weller, Paul
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1990.
Reeks:IMF Working Papers; Working Paper ; No. 1990/006
Online toegang:Full text available on IMF