The presence of target zone nonlinearities when narrower bands exist within official zones

$53.17 plus tax (Refund Policy)

Buy Article:

Abstract:

The presence of target zone nonlinearities is generally refuted in empirical research. We argue that this may be due to estimation being performed vis-à-vis official limits when monetary authorities are in fact targeting a narrower band. Estimation results for the Belgian and French franc confirm that nonlinearities are present when narrower zones are accounted for.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840500428104

Affiliations: Faculty of Economics and Econometrics, Department of Economics, University of Amsterdam, 1018 WB Amsterdam, The Netherlands

Publication date: March 1, 2007

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more