IDEAS home Printed from https://ideas.repec.org/p/zbw/ifwkie/1370.html
   My bibliography  Save this paper

Wechselkurszielzonen und der Louvre-Accord

Author

Listed:
  • Lehment, Harmen

Abstract

Der vorliegende Beitrag befasst sich mit der Frage, ob der Louvre-Accord als eine Umsetzung derZielzonenvorschläge von WILLIAMSON und McKINNON angesehen werden kann. Wir untersuchen, welche Massnahmen ergriffen wurden, um das im Louvre-Abkommen angestrebte Ziel einer Wechselkursstabilisierung zu erreichen, und prüfen, inwieweit die Koordinationskrise vom Spätherbst 1987 die Vorbehalte gegen Wechselkurszielzonen-Konzepte bestätigt hat.

Suggested Citation

  • Lehment, Harmen, 1988. "Wechselkurszielzonen und der Louvre-Accord," Open Access Publications from Kiel Institute for the World Economy 1370, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkie:1370
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/1370/1/730360016.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jacob A. Frenkel, 1987. "The International Monetary System: Should it be Reconsidered?," NBER Working Papers 2163, National Bureau of Economic Research, Inc.
    2. Lehment, Harmen, 1980. "Devisenmarktinterventionen bei flexiblen Wechselkursen: Die Politik des Managed Floating," Open Access Publications from Kiel Institute for the World Economy 28785, Kiel Institute for the World Economy (IfW Kiel).
    3. Langfeldt, Enno & Lehment, Harmen, 1980. "Welche Bedeutung haben Sonderfaktoren für die Erklärung der Geldnachfrage in der Bundesrepublik Deutschland?," Open Access Publications from Kiel Institute for the World Economy 28800, Kiel Institute for the World Economy (IfW Kiel).
    4. Kenen, Peter B, 1987. "Exchange Rate Management: What Role for Intervention?," American Economic Review, American Economic Association, vol. 77(2), pages 194-199, May.
    5. Frenkel, Jacob A, 1987. "The International Monetary System: Should It Be Reformed?," American Economic Review, American Economic Association, vol. 77(2), pages 205-210, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rudiger Dornbusch & Jeffrey Frankel, 1988. "The Flexible Exchange Rate System: Experience and Alternatives," International Economic Association Series, in: Silvio Borner (ed.), International Finance and Trade in a Polycentric World, chapter 7, pages 151-208, Palgrave Macmillan.
    2. Sergey Narkevich & Pavel Trunin, 2012. "Reserve Currencies: Factors of Evolution and their Role in the World Economy," Research Paper Series, Gaidar Institute for Economic Policy, issue 162P.
    3. Salvatore, Dominick, 1995. "The international monetary system: Are present arrangements optimal? Editor's introduction," Journal of Policy Modeling, Elsevier, vol. 17(5), pages 443-448, October.
    4. Michael Devereux & Thomas A. Wilson, 1989. "International Co-ordination of Macroeconomic Policies: A Review," Canadian Public Policy, University of Toronto Press, vol. 15(s1), pages 20-34, February.
    5. Zhen Zhu, 1997. "Dynamic Inconsistency and Exchange-Rate Target Zones: A Welfare Analysis," International Economic Journal, Taylor & Francis Journals, vol. 11(1), pages 15-38.
    6. Lehment, Harmen, 1983. "The macroeconomic implications of public sector deficits," Kiel Working Papers 168, Kiel Institute for the World Economy (IfW Kiel).
    7. Salvatore, Dominick, 1995. "The operation and future of the international monetary system," Journal of Policy Modeling, Elsevier, vol. 17(5), pages 513-530, October.
    8. Eijffinger, S.C.W. & Gruijters, A.P.D., 1989. "On the effectiveness of daily interventions by the Deutsche Bundesbank and the federal reserve system in the U.S. Dollar-Deutsche Mark exchange market," Other publications TiSEM cd65eff1-5f9e-4262-8f38-b, Tilburg University, School of Economics and Management.
    9. Sebastián Fanelli & Ludwig Straub, 2021. "A Theory of Foreign Exchange Interventions [The Cost of Foreign Exchange Intervention: Concepts and Measurement]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(6), pages 2857-2885.
    10. Dominquez, Kathryn M. & Kenen, Peter B., 1992. "Intramarginal intervention in the EMS and the target-zone model of exchange-rate behavior," European Economic Review, Elsevier, vol. 36(8), pages 1523-1532, December.
    11. Eijffinger, S.C.W. & Gruijters, A.P.D., 1989. "On the short term objectives of daily intervention by the Deutsche Bundesbank and the federal reserve system in the U.S. Dollar-Deutsche Mark exchange market," Other publications TiSEM b3c9a534-131a-48b4-abbb-c, Tilburg University, School of Economics and Management.
    12. Dominguez, Kathryn M., 1998. "Central bank intervention and exchange rate volatility1," Journal of International Money and Finance, Elsevier, vol. 17(1), pages 161-190, February.
    13. Kohli, Renu, 2003. "Real exchange rate stabilisation and managed floating: exchange rate policy in India, 1993-2001," Journal of Asian Economics, Elsevier, vol. 14(3), pages 369-387, June.
    14. Jacob A. Frenkel & Morris Goldstein, 1991. "Exchange Rate Volatility and Misalignment: Evaluating some Proposals for Reform," Palgrave Macmillan Books, in: Alfred Steinherr & Daniel Weiserbs (ed.), Evolution of the International and Regional Monetary Systems, chapter 8, pages 99-131, Palgrave Macmillan.
    15. Narkevich, Siarhei & Trunin, Pavel, 2013. "Prospects for the Russian Ruble as a Regional Reserve Currency," Published Papers dok2, Russian Presidential Academy of National Economy and Public Administration.
    16. Pavel Trunin & Sergey Narkevich, 2013. "Prospects for the Russian Ruble to Become Regional Reserve Currency," Working Papers 118, Gaidar Institute for Economic Policy, revised 2015.
    17. Thomas D. Willett, 1988. "Key Exchange Rate Regimes: A Constitutional Perspective," Cato Journal, Cato Journal, Cato Institute, vol. 8(2), pages 405-420, Fall.
    18. Richard C. Marston, 1987. "Exchange Rate Policy Reconsidered," NBER Working Papers 2310, National Bureau of Economic Research, Inc.
    19. Lehment, Harmen, 1980. "Exchange-market interventions and monetary policy: the German experience," Kiel Working Papers 111, Kiel Institute for the World Economy (IfW Kiel).
    20. Pilbeam, Keith, 2005. "The relative effectiveness of sterilized and non sterilized foreign exchange market interventions," Journal of Policy Modeling, Elsevier, vol. 27(3), pages 375-383, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:ifwkie:1370. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.