Title of article
Evaluating target zone models in EMS data
Author/Authors
Pill، نويسنده , , Huw ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1996
Pages
6
From page
199
To page
204
Abstract
Existing empirical analyses of target zone models in EMS data are flawed. They fail to allow for the multilateral nature of EMS institutions. This paper outlines briefly the shortcomings of existing tests, focusing on the so-called fat-tailed distribution result.
Keywords
European Monetary System (EMS) , Exchange rates , Target zones
Journal title
Economics Letters
Serial Year
1996
Journal title
Economics Letters
Record number
434166
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