Target Zones and Exchange Rate Dynamics
收藏NBER1988-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2481
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资源简介：
This paper develops a highly simplified model of exchange rate behavior within the band under a target zone regime. It shows that the expectation that authorities will defend the band exerts a stabilizing effect on exchange rate behavior within the band, even when the authorities are not actively
提供机构：
美国国家经济研究局
创建时间：
1988-01-01
