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langfristigen und einen kurzfristigen Zins aus Deutschland und aus den USA als zu erklärende Variablen. Die Struktur des Modells …
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The effectiveness of the foreign exchange market interventions conducted by the Deutsche Bundesbank during the Louvre period to alter either the level or the volatility of the $/DM spot rate is examined. Volatility quotes implicit in foreign currency options are employed to recover the impact of...
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