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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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:
Online Access: available in Bonn?
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2004
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RePEc
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Academic OneFile (A&I only)
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HAL-SHS: Archive ouverte en Sciences de l'Homme et de la Société
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