Working Paper
Exchange Rate Dynamics: Where is the Saddle Path?
Yin-Wong Cheung, Javier Gardeazabal, Jesús Vázquez
CESifo, Munich, 2004
CESifo Working Paper No. 1129
CESifo, Munich, 2004
CESifo Working Paper No. 1129
Keywords: overshooting, cointegration, Johansen test, simulation, convergence behavior