Marimoutou, Velayoudom; Girardin, Éric - In: Revue Économique 45 (1994) 3, pp. 501-514
[eng] Problems of measurement of the credibility of an exchange rate target zone. . Recent breakthroughs in the theory of exchange rate target zones have not been followed by similar contributions on the empirical side. Most of the estimates of expected depreciation inside the band do not take...