Testing the Credibility of Belgium's Exchange Rate Policy

Testing the Credibility of Belgium's Exchange Rate Policy
This paper examines the credibility of the exchange rate policy pursued by the Belgian monetary authorities of pegging the Belgian franc to a narrow fluctuation band around the deutsche mark, in the context of the exchange rate mechanism of the European Monetary System. Simple interest rate corridor analysis, based on the Belgian-German... READ MORE...

Publication date: October 1993
ISBN 9781451849790
$15.00

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