Jochum, Christian; Savioz, Marcel R. - In: Swiss Journal of Economics and Statistics (SJES) 141 (2005) IV, pp. 527-553
The paper aims to describe the behavior of the Swiss Franc - Deutsch Mark exchange rate between January 1980 and December 1998. Contrary to research results provided for other currencies a random walk is not sufficient to describe the empirical characteristics of the Swiss Franc. A regime...
