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...
| সংস্থা লেখক: | |
|---|---|
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
1990.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 1990/106 |
| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |