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Volumn 29, Issue 4, 1997, Pages 471-484

Devaluations and depreciation expectations in the EMS

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0000207532     PISSN: 00036846     EISSN: None     Source Type: Journal    
DOI: 10.1080/000368497326967     Document Type: Article
Times cited : (6)

References (22)
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  • 3
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    • Ayuso, J., Pérez-Jurado, M. and Restoy, F. (1995) Exchange rate risk under a peso problem: the case of the peseta in the ERM, in European Currency Crisis and After, C. Bordes, E. Girardin and J. Melitz (eds), (Manchester University Press).
    • (1995) European Currency Crisis and after
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  • 5
    • 0030163282 scopus 로고    scopus 로고
    • Interest rate parity and foreign exchange risk premia in the ERM
    • Ayuso, J. and Restoy, F. (1996) Interest rate parity and foreign exchange risk premia in the ERM, Journal of International Money and Finance, 15, 369-82.
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    • Ayuso, J.1    Restoy, F.2
  • 7
    • 0001495990 scopus 로고
    • Stochastic devaluation risk and the empirical fit of target zone models
    • Bertola, G. and Svensson L. E. O. (1993) Stochastic devaluation risk and the empirical fit of target zone models, Review of Economic Studies, 60, 689-712.
    • (1993) Review of Economic Studies , vol.60 , pp. 689-712
    • Bertola, G.1    Svensson, L.E.O.2
  • 8
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    • French-German interest rate differentials and time-varying realignment risk
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    • Caramazza, F.1
  • 10
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    • Drazen, A. and Masson, P. (1994) Credibility of policies vs. credibility of policy makers, Quaterly Journal of Economics, 109 (3), 735-54.
    • (1994) Quaterly Journal of Economics , vol.109 , Issue.3 , pp. 735-754
    • Drazen, A.1    Masson, P.2
  • 13
    • 0001054949 scopus 로고
    • The 'peso problem' in testing the efficiency of forward exchange markets
    • Krasker, W. S. (1980) The 'peso problem' in testing the efficiency of forward exchange markets, Journal of Monetary Economics, 6, 264-76.
    • (1980) Journal of Monetary Economics , vol.6 , pp. 264-276
    • Krasker, W.S.1
  • 14
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    • Inflation convergence with realignments in a two-speed Europe
    • Lambertini, L., Miller, M. and Sutherland, A. (1992) Inflation convergence with realignments in a two-speed Europe, Economic Journal, 102, 333-42.
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    • Lambertini, L.1    Miller, M.2    Sutherland, A.3
  • 15
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    • Devaluation expectations: The Swedish krona 1982-1991
    • Lindberg, H., Söderlind, P. and Svensson, L. E. O. (1993) Devaluation expectations: the Swedish krona 1982-1991, Economic Journal, 103, 1170-79.
    • (1993) Economic Journal , vol.103 , pp. 1170-1179
    • Lindberg, H.1    Söderlind, P.2    Svensson, L.E.O.3
  • 17
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    • What might explain the September 1992 speculative attacks on the French franc?
    • Paper presented November 1992
    • Moutot, O. P. (1992) What might explain the September 1992 speculative attacks on the French franc?. Paper presented at the Second Workshop on Economic Policy Coordination, November 1992.
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    • Moutot, O.P.1
  • 18
    • 0011039985 scopus 로고
    • Expected and predicted realignments: The FF/DM exchange rate during the EMS
    • IIES, Stockholm
    • Rose, A. and Svensson, L. E. O. (1991) Expected and predicted realignments: the FF/DM exchange rate during the EMS. Seminar Paper n. 485, IIES, Stockholm.
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    • Rose, A.1    Svensson, L.E.O.2
  • 19
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    • Reprint Series n. 510, Institute for International Economic Studies, Stockholm University
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    • Svensson, L.E.O.1
  • 20
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    • Svensson, L.E.O. (1992) The foreign exchange rate premium in a target zone with devaluation risk, Journal of International Economics, 33, 21-40.
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    • Svensson, L.E.O.1
  • 22
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    • Thygesen, N. (1988) In Giavazzi, Micossi and Miller (eds), The European Monetary System (Cambridge University Press, Cambridge).
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