The Costs of Implementing a Unilateral One-Sided Exchange Rate Target Zone
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- Hertrich Markus, 2016. "The Costs of Implementing a Unilateral One-Sided Exchange Rate Target Zone," Review of Economics, De Gruyter, vol. 67(1), pages 91-120, May.
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More about this item
Keywords
Foreign exchange reserves; minimum exchange rate; reflected geometric Brownian motion; target zone costs; Swiss National Bank;All these keywords.
JEL classification:
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2015-11-15 (Central Banking)
- NEP-MAC-2015-11-15 (Macroeconomics)
- NEP-MON-2015-11-15 (Monetary Economics)
- NEP-OPM-2015-11-15 (Open Economy Macroeconomics)
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