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...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Loạt: | IMF Working Papers; Working Paper ;
No. 1990/108 |
| Truy cập trực tuyến: | Full text available on IMF |