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Specification, solution and estimation of a discrete time target zone model of EMS exhange rates

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  • de Jong, F.C.J.M.

    (Tilburg University, School of Economics and Management)

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  • de Jong, F.C.J.M., 1993. "Specification, solution and estimation of a discrete time target zone model of EMS exhange rates," Other publications TiSEM 63cae6f0-babd-48e9-bc35-f, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:63cae6f0-babd-48e9-bc35-fe3af0871a33
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    References listed on IDEAS

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    1. Giuseppe Bertola & Lars E. O. Svensson, 1993. "Stochastic Devaluation Risk and the Empirical Fit of Target-Zone Models," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(3), pages 689-712.
    2. Beetsma, R.M.W.J., 1992. "Imperfect credibility of the band and risk premia in the European Monetary System," Discussion Paper 1992-54, Tilburg University, Center for Economic Research.
    3. Lars E. O. Svensson, 1992. "An Interpretation of Recent Research on Exchange Rate Target Zones," Journal of Economic Perspectives, American Economic Association, vol. 6(4), pages 119-144, Fall.
    4. Kees G. Koedijk & Philip A. Stork & Casper G. De Vries, 1998. "An EMS target zone model in discrete time," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 13(1), pages 31-48.
    5. Svensson, Lars E. O., 1993. "Assessing target zone credibility : Mean reversion and devaluation expectations in the ERM, 1979-1992," European Economic Review, Elsevier, vol. 37(4), pages 763-793, May.
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