Exchange Rate Bands with Point Process Fundamentals /
This note derives closed form solutions for exchange rates in terms of fundamentals within a fully credible band exchange rate regime when the fundamentals are driven by Brownian motion and multiple point processes. The inclusion of point processes allows one to relax quite substantially the distrib...
| Κύριος συγγραφέας: | |
|---|---|
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1990.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 1990/108 |
| Διαθέσιμο Online: | Full text available on IMF |