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...
প্রধান লেখক: | |
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অন্যান্য লেখক: | , |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
1991.
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মালা: | IMF Working Papers; Working Paper ;
No. 1991/015 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |