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|c 20.00 USD
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|z 9781451947007
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a The Simplest Test of Target Zone Credibility :
|b The Simplest Test of Target Zone Credibility.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1990.
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|a 1 online resource (38 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Under the assumption of no arbitrage exchange rate target zone credibility is tested by whether domestic interest rates fall within "rate-of-return bands" between the maximum and minimum home-currency rate of return on a foreign investment absent a devaluation. Under the assumption of uncovered interest rate parity credibility is tested by whether expected future exchange rates fall within the exchange rate band. These tests are applied on data about the Swedish target zone during January 1987-August 1990.
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|a Mode of access: Internet
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|a Foreign Exchange
|2 imf
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|a Government and the Monetary System
|2 imf
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|a Monetary Systems
|2 imf
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|a Payment Systems
|2 imf
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|a Regimes
|2 imf
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|a Standards
|2 imf
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|a IMF Working Papers; Working Paper ;
|v No. 1990/106
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| 856 |
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|z Full text available on IMF
|u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=1990&issue=106
|z IMF e-Library
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