Stabilization Policy with Bands /

This paper discusses stabilization policy in the presence of bands for the exchange rate. The bands are modelled in a probabilistic sense: monetary policy has to be such as to keep the probability, that the exchange rate stays within the bands, above a certain threshold. In contrast to other models...

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Xehetasun bibliografikoak
Egile nagusia: Gros, Daniel
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1990.
Saila:IMF Working Papers; Working Paper ; No. 1990/049
Sarrera elektronikoa:Full text available on IMF