Campos, María Isabel; Torres, José L.; Villegas, Esmeralda - 2007
This paper studies the credibility of the Venezuela crawling-band exchange rate regime during the period July, 1996 … - February, 2002. We show that, introducing some modifications, the credibility analysis widely applied to target zone regimes … can also be used in studying the credibility of crawling-band regimes. In analyzing the credibility of the Venezuela …