How Long do Unilateral Target Zones Last?
收藏NBER1991-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3931
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资源简介：
We examine the expected survival time of a unilateral exchange rate target zone, when constraints on monetary policy prevent the central bank from exclusively focusing on defending the target zone. Generally, the width of the target zone has a negligible effect on the expected survival time, and the
提供机构：
美国国家经济研究局
创建时间：
1991-12-01
