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...

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Detaylı Bibliyografya
Yazar: Mathieson, Donald
Diğer Yazarlar: Flood, Robert, Rose, Andrew
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1991.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1991/015
Online Erişim:Full text available on IMF