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...

Full description

Saved in:
Bibliographic details
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