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The Simplest Test Of Target Zone Credibility


The Simplest Test Of Target Zone Credibility
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The Simplest Test Of Target Zone Credibility


The Simplest Test Of Target Zone Credibility
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1990-11-01

The Simplest Test Of Target Zone Credibility written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-11-01 with Business & Economics categories.


Under the assumption of no arbitrage exchange rate target zone credibility is tested by whether domestic interest rates fall within “rate-of-return bands” between the maximum and minimum home-currency rate of return on a foreign investment absent a devaluation. Under the assumption of uncovered interest rate parity credibility is tested by whether expected future exchange rates fall within the exchange rate band. These tests are applied on data about the Swedish target zone during January 1987-August 1990.



The Simplest Test Of Target Zone Credibility


The Simplest Test Of Target Zone Credibility
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Author : Lars E. O. Svensson
language : en
Publisher:
Release Date : 2006

The Simplest Test Of Target Zone Credibility written by Lars E. O. Svensson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.


Under the assumption of no arbitrage exchange rate target zone credibility is tested by whether domestic interest rates fall within quot;rate-of-return bandsquot; between the maximum and minimum home-currency rate of return on a foreign investment absent a devaluation. Under the assumption of uncovered interest rate parity credibility is tested by whether expected future exchange rates fall within the exchange rate band. These tests are applied on data about the Swedish target zone during January 1987-August 1990.



The Simplest Test Of Target Zone Credibility


The Simplest Test Of Target Zone Credibility
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Author : Lars Svensson
language : es
Publisher:
Release Date : 1990

The Simplest Test Of Target Zone Credibility written by Lars Svensson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.




The Simplest Test Of Target Zone Credibility


The Simplest Test Of Target Zone Credibility
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Author :
language : en
Publisher:
Release Date : 1992

The Simplest Test Of Target Zone Credibility written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.




Arbitrage Based Tests Of Target Zone Credibility


Arbitrage Based Tests Of Target Zone Credibility
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Author : José Campa
language : en
Publisher:
Release Date : 1995

Arbitrage Based Tests Of Target Zone Credibility written by José Campa and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Foreign exchange futures categories.




The Simplest Test Of Inflation Target Credibility


The Simplest Test Of Inflation Target Credibility
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Author : Lars E. O. Svensson
language : en
Publisher:
Release Date : 1994

The Simplest Test Of Inflation Target Credibility written by Lars E. O. Svensson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Anti-inflationary policies categories.




Testing Credibility Of Target Zones


Testing Credibility Of Target Zones
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Author : Kristian Kjeldsen
language : da
Publisher:
Release Date : 1995

Testing Credibility Of Target Zones written by Kristian Kjeldsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.




Betting For And Against Emu


Betting For And Against Emu
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Author : Leila S Talani
language : en
Publisher: Routledge
Release Date : 2017-11-01

Betting For And Against Emu written by Leila S Talani and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-01 with Business & Economics categories.


This title was first published in 2000: An analysis of the extent to which the outcomes of the process of European monetary integration and, particularly, of the development of the debate over the establishment of EMU, have been influenced by domestic politics and by domestic economic interest groups in Italy and in the United Kingdom. From an empirical point of view, the work provides an account of the development of Italian and British socio-economic interest groups towards the issue of European monetary union from the making of the EMS until the establishment of EMU.



Exchange Rate Economics


Exchange Rate Economics
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Author : Ronald MacDonald
language : en
Publisher: Taylor & Francis
Release Date : 2007-03-12

Exchange Rate Economics written by Ronald MacDonald and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-12 with Business & Economics categories.


First published in 2007. Exchange Rate Economics: Theories and Evidence is the second edition of Floating Exchange Rates: Theories and Evidence, and builds on the successful content and structure of the previous edition, but has been comprehensively updated and expanded to include additional literature on the determination of both fixed and floating exchange rates. Core topics covered include: • the purchasing power parity hypothesis and the PPP puzzle; • the monetary and portfolio-balance approaches to exchange rates; • the new open economy macroeconomics approach to exchange rates; and • the determination of exchange rates in target zone models and speculative attack models. Exchange Rate Economics: Theories and Evidence also includes extensive discussion of recent econometric work on exchange rates with a particular focus on equilibrium exchange rates and measuring exchange rate misalignment, as well as discussion on the non-fundamentals-based approaches to exchange rate behaviour, such as the market microstructure approach. The book will appeal to academics and postgraduate students with an interest in all aspects of international finance and will also be of interest to practitioners concerned with issues relating to equilibrium exchange rates and the forecastability of currencies in terms of macroeconomic fundamentals.



Monetary Policy In The European Monetary System


Monetary Policy In The European Monetary System
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Author : Joao Loureiro
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Monetary Policy In The European Monetary System written by Joao Loureiro and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


Monetary Policy in the European Monetary Systems (EMS) provides the reader with a critical assessment of the EMS operation, focusing on key issues like intervention in money and foreign exchange markets and credibility of EMS exchange rate bands. The book also reopens the discussion on the "EMS discipline-credibility hypothesis" and the notion of "New EMS", testing both with an original methodology. The conflict between internal and external objectives is made clear and the empirical results show the choices made by the individual countries and the resulting implications. The book is written with an empirical orientation based on a unifying data description framework.