-WOODS - 3. THEORIE DER ZIELZONEN - 4. WECHSELKURSSPEKULATION IM KRUGMAN-MODELL - 5. WECHSELKURSSPEKULATION IN ZIELZONEN ALS … analysed:1. INTRODUCTION - 2. THE DISCUSSION ABOUT TARGET ZONES IN THE POST BRETTON WOODS ERA - 3. TARGET ZONE THEORY - 4 …

explaining exchange rate movements. The asset market theory of exchange rate determination implies that exchange rates are mainly … driven by the development of macroeconomic fundamentals. Furthermore the asset market theory assumes that foreign exchange … speculation, economic theory states that speculation can have either a stabilizing effect or a destabilizing effect on exchange …

städtischen informellen Sektor und die Aspekte derAgglomeration behandeln. Die Folgerungen aus der Theorie werdensodann mit den … urbaninformal sector and agglomeration economics. The theory is thencompared with the evidence from developing economies. It will … toChina. Finally, policy implications are covered. Despite of someof the shortcomings of the theory, it can be concluded that …