This paper analyzes the linkages between the credibility of a target zone regime, the volatility of the exchange rate, and the width of the band where the exchange rate is allowed …
From the classical gold standard up to the current ERM2 arrangement of the European Union, target zones have been a widely used exchange regime in contemporary history …
Ó Bajo, AD de los Ríos, GF de Córdoba… - ECONOMÍA …, 2004 - core.ac.uk
Este trabajo estudia las conexiones entre la amplitud de una banda objetivo, la credibilidad de ese régimen cambiario y la volatilidad del tipo de cambio. Estos tres conceptos deberían …
The literature on exchange regimes has recently observed that officially selfdeclared free floaters strongly intervene their nominal exchange rates to maintain them within some …
Este trabajo estudia las conexiones entre la amplitud de una banda objetivo, la credibilidad de ese régimen cambiario y la volatilidad del tipo de cambio. Estos tres conceptos deberían …
This paper analyzes the linkages between the credibility of a target zone regime, the volatility of the exchange rate, and the width of the band where the exchange rate is allowed …
This paper analyzes the linkages between the credibility of a target zone regime, the volatility of the exchange rate, and the width of the band where the exchange rate is allowed …