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...
| Prif Awdur: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Cyfres: | IMF Working Papers; Working Paper ;
No. 1990/049 |
| Mynediad Ar-lein: | Full text available on IMF |