The Simplest Test of Target Zone Credibility : The Simplest Test of Target Zone Credibility.

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 unco...

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מידע ביבליוגרפי
מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1990.
סדרה:IMF Working Papers; Working Paper ; No. 1990/106
נושאים:
גישה מקוונת:Full text available on IMF

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