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zône objectif

target zone

pouvoir exécutif et administration publique - iate.europa.eu

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Noisy signals in target zone regimes theory and monte carlo experimentsPrevious empirical evidence indicates that uncovered interest rate parity (UIP) does not hold for target zone exchange rates, like those in the European Monetary System and in the Nordic countries....

général - core.ac.uk - PDF: ssb.brage.unit.no

Testing mean reversion in target-zone exchange ratesThe aim of the paper is to assess to what extent European Monetary System (EMS) target zone exchange rates have been characterized by mean reverting behaviour....

PDF: www.tandfonline.com

Target zone models with price inertia: some testable implicationsMany recent papers suggest that the basic flex-price target zone model does not perform well empirically....

PDF: www.cepr.org

Pricing currency options in target zone regime: some consequences of state-dependent realignmentIn this paper the pricing of currency options in a target zone model is discussed....

PDF: www.sciencedirect.com

Target zone interventions and coordination of expectations... This paper explores whether or not so-called target zone interventions are an effective tool for central banks to stabilize the exchange rate....

PDF: repec.org

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front lens