An Interpretation of Recent Research on Exchange Rate Target Zones
Datos Bibliográficos
| ID | 4786014 |
|---|---|
| Autores | Lars E O Svensson (0000-0001-6492-1966, Professor of International Economics, Institute for International Economic Studies, Stockholm University, Stockholm, Sweden., autor de correspondencia) |
| Año | 1992 |
| Volumen | 6 |
| Número | 4 |
| Páginas | 119-144 |
| Fecha de publicación | 1992-11-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Journal of Economic Perspectives (JOURNAL) |
| Identificadores de la revista | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Editorial | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.6.4.119 |
| OpenAlex | W1971867094 |
| Idioma | EN |
| Citas recibidas | 11 |
| Referencias citadas | 13 |
How do exchange rate bands work compared to completely fixed rates (between realignments); or, more precisely, what are the dynamics of exchange rates, interest rates, and central bank interventions within exchange rate bands? Does the difference between bands and completely fixed exchange rates matter, and if so, which of the two arrangements is best; or, more precisely, what are the tradeoffs that determine the optimal bandwidth? This article will present an interpretation of some selected recent theoretical and empirical research on exchange rate target zones, with emphasis on main ideas and results and without technical detail
Economics · Exchange rate · Fixed exchange rates · Macroeconomics · Physics · Thermodynamics · Computer Science · Economic Theory and Policy · Global Financial Crisis and Policies · Monetary Policy and Economic Impact
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The Target Zone Model, Non‐Linearity and Mean Reversion
Reading a Target Zone in Keynes's `Indian Currency and Finance
Residual-based cointegration and non-cointegration tests for cointegrating polynomial regressions
Testing Target-Zone Models Using Efficient Method of Moments
Modelling Probabilities of Devaluations
Taming the Global Financial Cycle
In Honor of Paul Krugman
Do Exchange Rate Regimes Matter for Inflation and Exchange Rate Dynamics? The Case of Central America
| Obras citantes distintas | 11 |
|---|---|
| Citas por año | 0,32 |
| Intervalo de citas | 1992 - 2023 (32) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 6 |