| Description |
1 online resource (29 p.) |
| Summary |
Annotation The credibility of the exchange rate bands in the Nordic countries during 1987-91 is examined with two tests. the results suggest that the credibility of Finlands exchange rate band within a twelve-month horizon could not be rejected except in the fall of 1991; however, the band lacked credibility within a five-year horizon throughout the period. Denmarks and Norways bands lacked both short- and long-term credibility at the beginning of the period, but credibility could not be rejected from 1989 for Norway and as of 1990 for Denmark. the credibility of Swedens band within a one-year horizon could not be rejected up to fall 1989, but thereafter its credibility deteriorated sharply |
| Form |
Electronic book
|
| Author |
Svensson, Lars E. O. Author
|
|
Saavalainen, Tapio Author
|
| ISBN |
9781451841817 |
|
1451841817 |
|
