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Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the EMS

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Author Info
Svensson, L.E.

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Abstract

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Publisher Info
Paper provided by Stockholm - International Economic Studies in its series Papers with number 493.

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Length: 25 pages
Date of creation: 1991
Date of revision:
Handle: RePEc:fth:stocin:493

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Related research
Keywords: currencies interest rate exchange rate behaviour

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  1. Hans Lindberg & Lars E.O. Svensson & Paul Soderlind, 1991. "Devaluation Expectations: The Swedish Krona 1982-1991," NBER Working Papers 3918, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Milind Shrikhande, 1997. "The cost of doing business abroad and international capital market equilibrium," Working Paper 97-3, Federal Reserve Bank of Atlanta. [Downloadable!]
  3. Zhaohui Chen & Alberto Giovannini, 1993. "The Determinants of Realignment Expectations Under the EMS: Some Empirical Regularities," NBER Working Papers 4291, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. Zhaohui Chen & Alberto Giovannini, 1992. "Estimating Expected Exchange Rates Under Target Zones," NBER Working Papers 3955, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
Statistics
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