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The credibility of the exchange rate bands in the Nordic countries during 1987-91 is examined...

We examine whether Mexico's disinflation experience during 1987-94 fits a widely accepted set of...

After 25 years, the Colombian authorities decided to abandon the crawling peg exchange rate...

The trade-off between interest rate variability and the width of an exchange rate target zone is...

Under the assumption of no arbitrage exchange rate target zone credibility is tested by whether...

This paper constructs and analyzes an optimizing model of dual exchange markets which are...