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The target zone model, non-linearity and mean reversion : is the honeymoon really over?

Iannizzotto, Matteo; Taylor, Mark P. - In: The economic journal : the journal of the Royal … 109 (1999), pp. 96-110

Persistent link: https://www.econbiz.de/10001380940

On the mean-reverting properties of target zone exchange rates : a cautionary note

Taylor, Mark P.; Iannizzotto, Matteo - In: Economics letters 71 (2001) 1, pp. 117-129

Persistent link: https://www.econbiz.de/10001564117

Target zones and forward rates in a model with repeated realignments

Bartolini, Leonardo - In: Journal of monetary economics 30 (1992) 3, pp. 373-408

Persistent link: https://www.econbiz.de/10001140312

Target zones and forward rates in a model with repeated realignments

Bartolini, Leonardo - 1992

Persistent link: https://www.econbiz.de/10013425097

Target Zones and Forward Rates in a Model with Repeated Realignments

Bodnar, Gordon M. - 1992

This paper studies the implications of the imperfect credibility of an exchange rate target zone on the term structure of forward premia. The relationship between spot and forward exchange rates of different maturities reflects the possibility of repeated realignments of the exchange rate band....