Target Zones and Exchange Rates: An Empirical Investigation
收藏NBER1996-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5445
下载链接
链接失效反馈官方服务:
资源简介:
In this paper we develop an empirical model of exchange rates in a target zone. The model is general enough to nest most theoretical and empirical models in the existing literature. We find evidence of two types of jumps in exchange rates. Realignment jumps are those that are associated with the
提供机构:
美国国家经济研究局
创建时间:
1996-01-01



