Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10000849488
Persistent link: https://www.econbiz.de/10000793040
Persistent link: https://www.econbiz.de/10000797354
Persistent link: https://www.econbiz.de/10000800697
Persistent link: https://www.econbiz.de/10000806524
Persistent link: https://www.econbiz.de/10000808252
Persistent link: https://www.econbiz.de/10001147223
Persistent link: https://www.econbiz.de/10001181781
Under different assumptions about the underlying monetary shocks, we study target zones of various widths and the effect they have on variables like the interest differential. The stochastic disturbances assumed are successively a non-zero mean random walk and a mean reverting process. The...
Persistent link: https://www.econbiz.de/10012475419
An exchange-rate system is a set of contracts which commits central banks to intervene in the foreign-exchange market. The design features of the system include: the rules of intervention, the limits placed on exchange rates and the "crisis scenario" which describes possible transitions to new...
Persistent link: https://www.econbiz.de/10012475590