the Simplest Test of Target Zone Credibility

Nopic
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... READ MORE...

Publication date: November 1990
ISBN 9781451947007
$10.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: November 1990

PDF

Publication date: January 1990

ePub

Publication date: January 1990

Mobi

Publication date: January 1990

English