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The determinants of realignment expectations under the EMS : some empirical regularities
Chen, Zhaohui; Giovannini, Alberto - 1994
Persistent link: https://www.econbiz.de/10000882908
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The determinants of realignment expectations under the EMS : some empirical regularities
Chen, Zhaohui - 1993
Persistent link: https://www.econbiz.de/10000859334
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The determinants of realignment expectations under the EMS : some empirical regularities
Chen, Zhaohui - In: European economic review : EER 41 (1997) 9, pp. 1687-1707
Persistent link: https://www.econbiz.de/10001235875
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The Determinants of Realignment Expectations Under the EMS : Some Empirical Regularities
Chen, Zhaohui; Giovannini, Alberto - 2021
The stability of the EMS depends crucially on realignment expectations of the market participants. In this paper we discuss how to measure such expectations and how to relate them to economic fundamentals, central bank reputation, and institutional arrangements of the EMS. We find the following...
Persistent link: https://www.econbiz.de/10013237565
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The Determinants of Realignment Expectations Under the EMS : Some Empirical Regularities
Chen, Zhaohui - 1993
The stability of the EMS depends crucially on realignment expectations of the market participants. In this paper we discuss how to measure such expectations and how to relate them to economic fundamentals, central bank reputation, and institutional arrangements of the EMS. We find the following...
Persistent link: https://www.econbiz.de/10012474669
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The determinants of realignment expectations under the EMS : some empirical regularities
Chen, Zhaohui - 1993
Persistent link: https://www.econbiz.de/10013421955