Exchange Rate Dynamics Under Stochastic Regime Shifts: A Unified Approach
收藏NBER1989-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2835
下载链接
链接失效反馈官方服务：
资源简介：
Techniques of regulated Brownian motion are used to analyze the behavior of the exchange rate when official policy reaction functions are subject to future stochastic changes. We examine exchange-rate dynamics in alternative cases where the authorities promise (i) to confine a floating rate within a
提供机构：
美国国家经济研究局
创建时间：
1989-02-01
