Related Books
Language: en
Pages: 0
Pages: 0
Type: BOOK - Published: 1993 - Publisher:
Language: en
Pages: 52
Pages: 52
Type: BOOK - Published: 1993 - Publisher:
The stability of the EMS depends crucially on realignment expectations of the market participants. In this paper we discuss how to measure such expectations and
Language: es
Pages: 28
Pages: 28
Type: BOOK - Published: 1993 - Publisher:
Language: en
Pages: 32
Pages: 32
Type: BOOK - Published: 1994-02-01 - Publisher: International Monetary Fund
The paper models an adjustable peg exchange rate arrangement as a policy rule with an escape clause under which the timing and magnitudes of realignments are th
Language: en
Pages: 180
Pages: 180
Type: BOOK - Published: 1996 - Publisher:
The purpose of this study is to analyze realignment expectations in the exchange rate mechanism of the European Monetary System, in particular with reference to