Author: Sami GeadahPublisher:
ISBN:
Category :
Languages : en
Pages : 13
Book Description
The Credibility of Nordic Exchange Rate Bands
Author: Sami GeadahThe Credibility of Nordic Exchange Rate Bands
Author: Sami GeadahPublisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
The credibility of the exchange rate bands in the Nordic countries during 1987-91 is examined with two tests. The results suggest that the credibility of Finland`s exchange rate band within a twelve-month horizon could not be rejected except in the fall of 1991; however, the band lacked credibility within a five-year horizon throughout the period. Denmark`s and Norway`s bands lacked both short- and long-term credibility at the beginning of the period, but credibility could not be rejected from 1989 for Norway and as of 1990 for Denmark. The credibility of Sweden`s band within a one-year horizon could not be rejected up to fall 1989, but thereafter its credibility deteriorated sharply.
The Credibility of Nordic Exchange Rate Bands
Author: Mr.Sami GeadahPublisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451841817
Category : Business & Economics
Languages : en
Pages : 24
Book Description
The credibility of the exchange rate bands in the Nordic countries during 1987-91 is examined with two tests. The results suggest that the credibility of Finland’s exchange rate band within a twelve-month horizon could not be rejected except in the fall of 1991; however, the band lacked credibility within a five-year horizon throughout the period. Denmark’s and Norway’s bands lacked both short- and long-term credibility at the beginning of the period, but credibility could not be rejected from 1989 for Norway and as of 1990 for Denmark. The credibility of Sweden’s band within a one-year horizon could not be rejected up to fall 1989, but thereafter its credibility deteriorated sharply.
Working Paper Summaries (WP/92/1 - WP/92/47)
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1451966482
Category : Business & Economics
Languages : en
Pages : 54
Book Description
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
IMF Staff papers
Author: International Monetary Fund. Research Dept.Publisher: International Monetary Fund
ISBN: 145197325X
Category : Business & Economics
Languages : en
Pages : 236
Book Description
This paper assesses alternative auction techniques for pricing and allocating various financial instruments, such as government securities, central bank refinance credit, and foreign exchange. Before recommending appropriate formats for auctioning these items, the paper discusses basic auction formats, assessing the advantages and disadvantages of each, based on the existing, mostly theoretical, literature. It is noted that auction techniques can be usefully employed for a broad range of items and that their application is of particular relevance to the impetus in many parts of the world toward establishing market-oriented economies.
Financial Markets and European Monetary Cooperation
Author: Willem H. BuiterPublisher: Cambridge University Press
ISBN: 9780521794404
Category : Business & Economics
Languages : en
Pages : 242
Book Description
This book provides a comprehensive assessment of the causes and implications of the 1992-3 crisis of the exchange rate mechanism.
Exchange Rate Policies in the Nordic Countries
Author: Johnny ÅkerholmPublisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 310
Book Description
The papers in this volume were originally presented at a conference in Helsinki as the initial turmoil broke out. Now revised in many cases to reflect the events of 1992 and 1993, they contribute to our understanding of the motivations behind the drive to peg currencies in the Nordic countries to the Deutschmark, and of the problems these countries encountered in that process.
Research Activities of the IMF, January 1991-December 1998
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 9781557758606
Category : Business & Economics
Languages : en
Pages : 124
Book Description
A selective index of major research papers prepared by IMF staff in 1991-98.
The Credibility of Nordic Exchange Rate Bands, 1987-91
Author: Sami GeadahPublisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 32
Book Description
Author: