737086
9780521435260
This book opens with an account of the basic economic model of a currency band developed by Paul Krugman, followed by two papers that extend this approach. Other chapters study the regime switches entailed in Britain's return to the gold standard in 1925 and the preannounced entry of a floating currency into a band such as the EMS. Essays on sustainability and realignment follow and the volume ends with a paper on econometric testing of models of this type.Krugman, Paul is the author of 'Exchange Rate Targets and Currency Bands' with ISBN 9780521435260 and ISBN 0521435269.
[read more]