An Empirical Exploration of Exchange Rate Target-Zones /

In the context of a flexible-price monetary exchange rate model and the assumption of uncovered interest parity, we obtain a measure of the fundamental determinant of exchange rates. Daily data for the European Monetary System are used to explore the importance of nonlinearities in the relationship...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Mathieson, Donald
مؤلفون آخرون: Flood, Robert, Rose, Andrew
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1991.
سلاسل:IMF Working Papers; Working Paper ; No. 1991/015
الوصول للمادة أونلاين:Full text available on IMF