Overshooting and the exchange rate disconnect puzzle: a reappraisal
Transition to floating exchange rate regimes has led to sharp increases in nominal and real exchange rate volatilities with no corresponding changes in the distribution of fundamental macroeconomic variables. In the spirit of Dornbusch [1976], we assess whether nominal exchange rate overshooting is...
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| Main Author: |
Hairault, Jean-Olivier
Patureau, Lise Sopraseuth, Thepthida |
|---|---|
| Format: | Publication |
| Language: | English |
| Place of publication: |
01.01.2003 |
| Data of publication: | 2003-01-01 |
| Classification Codes: |  |
| Online Access: | available in Bonn? |
| Database: | OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS |