Frankel, Jeffrey A.; Schmukler, Sergio L.; Servén, Luis - 2021
distinguish such a regime from a floating exchange rate. We apply the econometrics, first, to the example of Chile and, second, by … performing Monte Carlo simulations. The amount of data required to verify the declared regime may exceed the length of time … during which the regime is maintained. The amount of information necessary increases with the complexity of the regime …