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...

Full description

Bibliographic details

Volume:	23
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:	Liquidity effect Overshooting Uncovered interest rate parity Exchange rate disconnect puzzle Business & Economics Business, Finance Social Sciences Macroeconomics Management Interest rates Economics and Finance Humanities and Social Sciences United States F 31 Liquidity effect Overshooting Uncovered interest rate parity Exchange rate disconnect puzzle F 41 uncovered interest rate parity LIQUIDITY MONEY MODELS overshooting MONETARY-POLICY exchange rate disconnect puzzle FUNDS liquidity effect
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