Conditional Volatility Of Exchange Rates Under A Target Zone
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Conditional Volatility of Exchange Rates Under a Target Zone
| Author | : Robert F. Engle |
| Publisher | : |
| Total Pages | : 54 |
| Release | : 1997 |
| Genre | : Foreign exchange |
| ISBN | : |
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To study the impact of institutional features of target zones on the conditional volatility of exchange rates, this paper proposes a simple and intuitive model
Language: en
Pages: 64
Pages: 64
Type: BOOK - Published: 1996 - Publisher:
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
Language: en
Pages: 20
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Type: BOOK - Published: 1995-11-01 - Publisher: International Monetary Fund
This paper studies the Mexican and Israeli experience with a target zone. The first part of the paper develops a model of exchange rate determination under a ta
Language: en
Pages: 52
Pages: 52
Type: BOOK - Published: 1990-04-01 - Publisher: International Monetary Fund
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
