Reher, Gerrit; Wilfling, Bernd - In: International Review of Economics & Finance 29 (2014) C, pp. 483-496
We analyze the dynamics of zero-coupon bond options in a situation in which the currently floating exchange rate between two countries' currencies is announced to be fixed on a given future date. To this end, we combine two strands of research that have been treated as separate issues up to...