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 |
|---|---|
| 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 IDEAS RePEc Database information Databases - DBIS |