Target Zones and Realignment Expectations : The Israeli and Mexican Experience /

This paper studies the Mexican and Israeli experience with a target zone. The first part of the paper develops a model of exchange rate determination under a target zone regime with stochastic realignments, and examines the conditions under which the adoption of the target zone, instead of a fixed e...

詳細記述

書誌詳細
第一著者: Werner, Alejandro
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1995.
シリーズ:IMF Working Papers; Working Paper ; No. 1995/114
オンライン・アクセス:Full text available on IMF