English, Article, Journal or magazine article edition: On the Credibility of a Target Zone: Evidence from the EMS Francisco Ledesma-Rodríguez; Manuel Navarro-Ibáñez; Jorge Pérez-Rodríguez; ...

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Bookmark: http://trove.nla.gov.au/version/160460
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • On the Credibility of a Target Zone: Evidence from the EMS
Author
  • Francisco Ledesma-Rodríguez
  • Manuel Navarro-Ibáñez
  • Jorge Pérez-Rodríguez
  • Simón Sosvilla-Rivero
Physical Description
  • preprint
Notes
  • We provide some new evidence on the credibility of the Exchange Rate Mechanism of the European Monetary System. To that end, we use of several credibility indicators, analysing the complete EMS history. We also compare the prediction qualities of the different indicators, and apply them to the experience of the new ERM linking the currencies of non-euro area Member States to the euro.
  • Exchange rates, European Monetary System.
  • RePEc:cea:doctra:e2003_33
Language
  • English
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