The honeymoon effect in exchange-rate target zones: a new graphical analysis on dual expectations
碩士 === 國立政治大學 === 經濟學系 === 106 === In his celebrated article, Krugman (1991) points out that an announcement of exchange rate target zones tends to affect the public's expectations of changes in the exchange rate, and then lowers the volatility of the exchange rate. This stabilizing effect of e...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2018
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Online Access: | http://ndltd.ncl.edu.tw/handle/5d5ryf |