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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Mathieson, Donald
Awduron Eraill: Flood, Robert, Rose, Andrew
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1991.
Cyfres:IMF Working Papers; Working Paper ; No. 1991/015
Mynediad Ar-lein:Full text available on IMF