Evaluating target zone models in EMS data

Economics Letters

Volumn 52, Issue 2, 1996, Pages 199-204

  Pill, Huw ^a,b  

^a HARVARD UNIVERSITY   (United States)

^b HARVARD BUSINESS SCHOOL   (United States)

Author keywords

European Monetary System (EMS); Exchange rates; Target zones

Indexed keywords

EID: 0030305098     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(96)00845-2     Document Type: Article

References (8)

1. Adams, J.J., 1990, The exchange rate mechanism of the European Monetary System, Bank of England Quarterly Bulletin 30, no. 4, 315-320.
2. Bertola, G. and R.J. Caballero, 1992, Target zones and realignments, American Economic Review 82, no. 3, 96-107.
3. Dominguez, K.M. and P.B. Kenen, 1990, On the need to allow for the possibility that governments mean what they say: Interpreting the target zone literature in the light of EMS experience, NBER Working Paper 3670.
4. Flood, R.P., A.K. Rose and D.J. Mathieson, 1991, An empirical exploration of exchange rate target zones, Carnegie-Rochester Series on Public Policy 35, 7-65.
5. Froot, K.A. and M. Obstfeld, 1991, Exchange rate dynamics under stochastic regime shifts, Journal of International Economics 31, no. 4, 203-229.
6. Giavazzi, F. and A. Giovannini, 1989, Limiting exchange rate flexibility: The European Monetary System (MIT Press, Cambridge).
7. Krugman, P., 1991, Target zones and exchange rate dynamics, Quarterly Journal of Economics 106, no. 3, 669-682.
8. Lewis, K.K., 1991, An empirical exploration of exchange rate target zones: A comment, Carnegie-Rochester Series on Public Policy 35, 66-72.