Duarte, António Portugal; Andrade, João Sousa; … - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2010
This work selectively reviews the literature on exchange rate target zones and their theoretical and empirical … exchange rate target zone regimes, this line of research integrates target zones with alternative underlying economic models … vanished. Exchange rate target zones are better described as similar to managed floating regimes with intra …