Homburg, Stefan - In: Zeitschrift für Wirtschafts- und Sozialwissenschaften 109 (1989) 3, pp. 443-447
"overshooting" in the Dornbusch sense. We proposed to use the interest differential between to countries as a direct and reliable … measure of the extend of overshooting. Observing that differential immediately reveals that the past appreciation of the … dollar against the mark has hardly anything to do with overshooting. …