Fluctuations et Régimes de Change
This paper investigates the consequences of the Bretton Woods system and the EMS on business cycle properties. For both exchange rate regimes, we observe a disconnect between the volatility of the exchange rate and that of its fundamentals. EMS members exhibit higher synchronization as far as GDP, c...
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Main Author: | Sopraseuth, Thepthida |
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Format: | Journal Article |
Language: | English |
Place of publication: |
ENSAE 2002 |
published in: | Annales d'Economie et de Statistique no. 66; pp. 107 - 142 |
Data of publication: | 2002 |
Series: |
Annales d'Economie et de Statistique |
Online Access: | available in Bonn? |
Database: | RePEc RePEc IDEAS Database information Databases - DBIS |