The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk

The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk
Author: Lars E. O. Svensson
Publisher:
Total Pages: 40
Release: 1991
Genre: Foreign exchange
ISBN:


Download The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk Book in PDF, Epub and Kindle


The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk
Language: en
Pages: 40
Authors: Lars E. O. Svensson
Categories: Foreign exchange
Type: BOOK - Published: 1991 - Publisher:

GET EBOOK

Target Zones and Interest Rate Variability
Language: en
Pages: 52
Authors: Mr.Lars E. O. Svensson
Categories: Business & Economics
Type: BOOK - Published: 1990-04-01 - Publisher: International Monetary Fund

GET EBOOK

The trade-off between interest rate variability and the width of an exchange rate target zone is examined, using the regulated Brownian motion model of target z
Foreign Exchange Risk Premium
Language: en
Pages: 40
Authors: Mr.Lorenzo Giorgianni
Categories: Business & Economics
Type: BOOK - Published: 1997-04-01 - Publisher: International Monetary Fund

GET EBOOK

This paper challenges the conventional view that foreign exchange risk premiums are small, not volatile, and unrelated to macroeconomic variables. For the Itali
Target Zones and Exchange Rates
Language: en
Pages: 68
Authors: Geert Bekaert
Categories: Foreign exchange administration
Type: BOOK - Published: 1996 - Publisher:

GET EBOOK

In this paper we develop an empirical model of exchange rates in a target zone. The model is general enough to nest most theoretical and empirical models in the
Assessing Target Zone Credibility
Language: en
Pages: 35
Authors: Mr.Lars E. O. Svensson
Categories: Business & Economics
Type: BOOK - Published: 1991-10-01 - Publisher: International Monetary Fund

GET EBOOK

The paper presents estimates of devaluation expectations for six EMS currencies relative to the Deutsche mark, for the period March 1979-May 1990. The estimatio