Duarte, António Portugal; Andrade, João Sousa; … - In: Panoeconomicus 57 (2010) 3, pp. 261-282
The aim of this study is to analyse the exchange rate and interest rate distribution and volatility under the participation of the Portuguese economy in the Exchange Rate Mechanism (ERM) of the European Monetary System (EMS) based on some of the main predictions of the target zone literature....