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Persistent link: https://www.econbiz.de/10000912450

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On the nature of commitment in flexible target zones and the measurement of credibility : the 1993 ERM crisis

Avesani, Renzo G.; Gallo, Giampiero M.; Salmon, Mark H. - 1995

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An application of the Kalman Filter to the Spanish experience in a target zone : (1989 - 92)

Alberola, Enrique; López, J. Humberto; Orts Ríos, Vicente - 1993

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Optimal contract currencies and exchange rate policy

Ejler Storgaard, Peter (contributor) - 2002 - [Elektronische Ressource]

The paper develops a simple stochastic new open macroeconomic model in which pricesetting firms' choice between producer currency pricing and local currency pricing is endogenous. We show that, in equilibrium, firms will denominate their export price contracts in the currency of the country with...

Persistent link: https://www.econbiz.de/10001685112

Openness and the case for flexible exchange rates

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Exchange rate pegging, transparency, and imports of credibility

Herrendorf, Berthold - 1995

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Optimal exchange rate targets and macroeconomic stabilization

Alberola, Enrique - 1995

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