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On the mean-reverting properties of target zone exchange rates: Some evidence from the ERM Author info | Abstract | Publisher info | Download info | Related research | Statistics Anthony, Myrvin
MacDonald, Ronald
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Article provided by Elsevier in its journal European Economic Review .
Volume (Year): 42 (1998)
Issue (Month): 8 (September)
Pages: 1493-1523
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Handle: RePEc:eee:eecrev:v:42:y:1998:i:8:p:1493-1523Contact details of provider: Web page: http://www.elsevier.com/locate/eer
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Jesús Crespo-Cuaresma & Balázs Égert & Ronald MacDonald, 2005.
"Non-Linear Exchange Rate Dynamics in Target Zones: A Bumpy Road Towards A Honeymoon Some Evidence from the ERM, ERM2 and Selected New EU Member States ,"
William Davidson Institute Working Papers Series
wp771, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
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Other versions: Marie Bessec, 2000.
"Mean-Reversion versus PPP Adjustment: The Two Regimes of Exchange Rate Dynamics Under the EMS, 1979-1998 ,"
Econometric Society World Congress 2000 Contributed Papers
1305, Econometric Society.
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Kaltenbrunner, Annina & Nissanke, Machiko, 2009.
"The Case for an Intermediate Exchange Rate Regime with Endogenizing Market Structures and Capital Mobility ,"
Working Papers
UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
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Giuseppe Cavaliere, 2005.
"Testing mean reversion in target-zone exchange rates ,"
Applied Economics ,
Taylor and Francis Journals, vol. 37(20), pages 2335-2347, November.
[Downloadable!] (restricted)
J. Isaac Miller, 2008.
"Testing the Bounds: Empirical Behavior of Target Zone Fundamentals ,"
Working Papers
0803, Department of Economics, University of Missouri, revised 15 Apr 2009.
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Mariam Camarero & Cecilio Tamarit, .
"A panel cointegration approach to the estimation of the peseta real exchange rate ,"
Working Papers on International Economics and Finance
01-08, FEDEA.
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Other versions: Kathleen Dorsainvil, 2006.
"Exchange Rate Unification Under Non-Credibility: The Haïtian Economy ,"
International Advances in Economic Research ,
Springer, vol. 12(2), pages 229-240, May.
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António Portugal Duarte & João Sousa Andrade & Adelaide Duarte, 2009.
"Exchange Rate Mean Reversion within a Target Zone: Evidence from a Country on the Periphery of the ERM ,"
GEMF Working Papers
2009-15, GEMF - Faculdade de Economia, Universidade de Coimbra.
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Hali J. Edison & Ronald MacDonald, 2000.
"Monetary policy independence in the ERM: was there any? ,"
International Finance Discussion Papers
665, Board of Governors of the Federal Reserve System (U.S.).
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Ronald MacDonald & Cezary Wojcik, 2003.
"Catching Up: The Role of Demand, Supply and Regulated Price Effects on the Real Exchange Rates of Four Accession Countries ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
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Other versions: C. H. Hui & C. F. Lo & V. Yeung & L. Fung, 2008.
"Valuing foreign currency options with a mean-reverting process: a study of Hong Kong dollar ,"
International Journal of Finance & Economics ,
John Wiley & Sons, Ltd., vol. 13(1), pages 118-134.
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