Mizrach, B.

intervention exchange target target zone exchange rate exchange market intervention realignment effect koedijk probability european market review / european policy uncertainty path 1 interest 501-508 target zones louvre accord model analysis effectiveness belgian result paper reserve krugman future official intervention point 45 degrees line klein future intervention intervention data support dollar fundamental official journal accord louvre expectation svensson devaluation increase future interventions path 2 evidence example target rate width band policy building blocks country belgian franc estimate series parity interest rates spot rate intervention data realignment risk money section fundamentals path f mizrach 506 k.g variable literature yi term str g -7 countries intervention data end semi-fixed exchange rate spot exchange rate matter netherland paper wp 94-20 stork system support