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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w2918 |
来源ID | Working Paper 2918 |
The Linkage Between Speculative Attack and Target Zone Models of Exchange Rates | |
Robert P. Flood; Peter M. Garber | |
发表日期 | 1989-04-01 |
出版年 | 1989 |
语种 | 英语 |
摘要 | In this paper we generalize the target zone exchange rate as model formalized by Krugman (1988b) to include finite-sized interventions in defense of the zone. The main contributions of these pages consist of linking the recent developments in the theory of target zones to the mirror-image theory of speculative attacks on asset price fixing regimes and in using aspects of that linkage to give an intuitive interpretation to the smooth pasting" condition usually invoked as a terminal condition. |
URL | https://www.nber.org/papers/w2918 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560188 |
推荐引用方式 GB/T 7714 | Robert P. Flood,Peter M. Garber. The Linkage Between Speculative Attack and Target Zone Models of Exchange Rates. 1989. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w2918.pdf(153KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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