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A model for exchange rates with crawling bands--an application to the Colombian peso

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  • Brooks, Chris
  • Reveiz, Alejandro H.

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  • Brooks, Chris & Reveiz, Alejandro H., 2002. "A model for exchange rates with crawling bands--an application to the Colombian peso," Journal of Economics and Business, Elsevier, vol. 54(5), pages 483-503.
  • Handle: RePEc:eee:jebusi:v:54:y:2002:i:5:p:483-503
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    References listed on IDEAS

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    1. Sebastian Edwards & Liaquat Ahamed, 1986. "Economic Adjustment and Exchange Rates in Developing Countries," NBER Books, National Bureau of Economic Research, Inc, number edwa86-1.
    2. Paul Krugman & Julio Rotemberg, 1990. "Target Zones with Limited Reserves," NBER Working Papers 3418, National Bureau of Economic Research, Inc.
    3. Paul R. Krugman, 1991. "Target Zones and Exchange Rate Dynamics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(3), pages 669-682.
    4. Krugman,Paul & Miller,Marcus (ed.), 1992. "Exchange Rate Targets and Currency Bands," Cambridge Books, Cambridge University Press, number 9780521435260, October.
    5. Kamas, Linda, 1985. "External disturbances and the independence of monetary policy under the crawling peg in Colombia," Journal of International Economics, Elsevier, vol. 19(3-4), pages 313-327, November.
    6. Bandera, V. N. & Lucken, J. A., 1985. "Simulation of a debtor country: The example of Colombia," Journal of Policy Modeling, Elsevier, vol. 7(3), pages 457-476.
    7. John Williamson, 1996. "Crawling Band as an Exchange Rate Regime: Lessons from Chile, Colombia and Israel, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 14, January.
    8. Sebastian Edwards, 1986. "Commodity Export Prices and the Real Exchange Rate in Developing Countries: Coffee in Colombia," NBER Chapters, in: Economic Adjustment and Exchange Rates in Developing Countries, pages 233-266, National Bureau of Economic Research, Inc.
    9. E. Ray Canterbery & John T. Boorman, 1970. "The Crawling Peg and Exchange Stability," Canadian Journal of Economics, Canadian Economics Association, vol. 3(2), pages 291-299, May.
    10. Cumby, Robert E. & Van Wijnbergen, Sweder, 1989. "Financial policy and speculative runs with a crawling peg: Argentina 1979-1981," Journal of International Economics, Elsevier, vol. 27(1-2), pages 111-127, August.
    11. Paul Krugman & Marcus Miller, 1992. "Exchange Rate Targets and Currency Bands," NBER Books, National Bureau of Economic Research, Inc, number krug92-1.
    12. Alberto Carrasquilla, 1997. "An Exchange Rate Band in Times of Turbulence: Colombia 1991-96," Borradores de Economia 070, Banco de la Republica de Colombia.
    13. John Williamson, 1986. "Target Zones and the Management of the Dollar," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 17(1), pages 165-174.
    14. Williamson, John, 1987. "Exchange Rate Management: The Role of Target Zones," American Economic Review, American Economic Association, vol. 77(2), pages 200-204, May.
    15. Levin, Jay H, 1975. "Monetary Policy and the Crawling Peg," Economic Journal, Royal Economic Society, vol. 85(337), pages 20-32, March.
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    Cited by:

    1. Jeffrey Frankel, 2023. "Estimation of Nonlinear Exchange Rate Dynamics in Evolving Regimes," CID Working Papers 429, Center for International Development at Harvard University.
    2. Alejandro Reveiz Herault, 2008. "Artificial Markets under a Complexity Perspective," Borradores de Economia 510, Banco de la Republica de Colombia.
    3. Lundbergh, Stefan & Terasvirta, Timo, 2006. "A time series model for an exchange rate in a target zone with applications," Journal of Econometrics, Elsevier, vol. 131(1-2), pages 579-609.

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