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...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1995.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 1995/114 |
| 在线阅读: | Full text available on IMF |