Intramarginal Intervention in the EMS and the Target-Zone Model of Exchange-Rate Behavior
收藏NBER1991-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3670
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资源简介：
Empirical work on exchange-rate behavior under a target-zone regime has used data produced by the European Monetary System (ENS) and has found that the data contradict important predictions made by the standard target-zone model. We argue that the contradictions reflect a misinterpretation of
提供机构：
美国国家经济研究局
创建时间：
1991-04-01
