| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1253 |
| DP1253 Endogenous Realignments and the Sustainability of a Target Zone | |
| Paul Weller; P Dean Corbae; Christopher J Neely | |
| 发表日期 | 1995-10-31 |
| 出版年 | 1995 |
| 语种 | 英语 |
| 摘要 | This paper addresses the issue of whether regimes of fixed exchange rates are a mechanism for shifting volatility inter-temporally. Using a panel of data covering 20 industrialized countries from 1959 through 1993, I examine the volatilities of a host of real and monetary variables. Graphical and statistical examination of the periods around 33 flotations and 81 devaluations reveals little evidence of significant increases in volatility following these events. |
| 主题 | International Macroeconomics |
| 关键词 | Devaluation Flotation Macroeconomic Panel Standard deviation |
| URL | https://cepr.org/publications/dp1253 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530395 |
| 推荐引用方式 GB/T 7714 | Paul Weller,P Dean Corbae,Christopher J Neely. DP1253 Endogenous Realignments and the Sustainability of a Target Zone. 1995. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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