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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Chi tiết về thư mục
Tác giả chính: Miller, Marcus
Tác giả khác: Weller, Paul
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1990.
Loạt:IMF Working Papers; Working Paper ; No. 1990/006
Truy cập trực tuyến:Full text available on IMF