Target Zones and Interest Rate Variability
收藏NBER1989-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3218
下载链接
链接失效反馈官方服务：
资源简介：
The trade-off between interest rate variability and the width of an exchange rate target zone is examined, using the regulated Brownian motion model of target zones. It is shown that for narrow exchange rate bands, and for reasonable parameter values, the interest rate differential's asymptotic
提供机构：
美国国家经济研究局
创建时间：
1989-12-01
