Browsing University of Missouri-Columbia by Title "Testing the Bounds: Empirical Behavior of Target Zone Fundamentals"

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  • Testing the Bounds: Empirical Behavior of Target Zone Fundamentals 

    Miller, J. Isaac (Department of Economics, 2009)
    Standard target zone exchange rate models are based on nonlinear functions of an unobserved economic fundamental, which is assumed to be bounded, similarly to the target zone exchange rates themselves. A violation of this ...