Overshooting and the exchange rate disconnect puzzle: a reappraisal
Transitions to floating exchange rate regimes have led to sharp increases in exchange rate volatilities with no corresponding changes in the distribution of macroeconomic fundamentals. In the spirit of Dornbusch (1976), we assess whether nominal exchange rate overshooting is responsible for this phe...
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Volume: | 23 |
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Main Author: |
Hairault, Jean-Olivier
Patureau, Lise Sopraseuth, Thepthida |
Format: | Journal Article |
Language: | English |
Zielgruppe: |
Professional Academic |
Place of publication: |
OXFORD Elsevier Ltd 2004 ELSEVIER SCI LTD Elsevier Elsevier B.V |
published in: | Journal of international money and finance Vol. 23; no. 4; pp. 615 - 643 |
ORCID: |
0000-0002-7458-0365 |
Data of publication: | 2004 |
ISSN: |
0261-5606 1873-0639 |
EISSN: |
1873-0639 |
Discipline: | Business |
Series: |
Journal of International Money and Finance |
Subjects: | |
Online Access: | available in Bonn? |
Database: | Social Sciences Citation Index Web of Knowledge Web of Science - Social Sciences Citation Index - 2004 Web of Science RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Hyper Article en Ligne (HAL) HAL-SHS: Archive ouverte en Sciences de l'Homme et de la Société Database information Databases - DBIS |