Bofinger, Peter; Wollmershäuser, Timo - In: Economic Change and Restructuring 36 (2003) 2, pp. 81-109
(the so-called corner solutions) are the only viable alternatives of exchange rate management, many countries do not behave … according to this paradigm and adopt a strategy within the broad spectrum of exchange rate regimes that is limited by the two … and a certain degree of exchange rate flexibility with non-preannounced exchange rate targets. While academic research in …