Financial and currency integration in the European monetary system: the statistical record

Forward and spot exchange rates

1984 • 2,213 citations

Target Zones and Exchange Rate Dynamics

1991 • 1,163 citations

Forward Discount Bias: Is it an Exchange Risk Premium?

1989 • 756 citations

International Interest-Rate and Price-Level Linkages Under Flexible Exchange Rates: A Review of Recent Evidence

1982 • 379 citations

Capital Controls, Political Risk, and Deviations from Interest-Rate Parity

1980 • 316 citations

In search of the exchange risk premium: A six-currency test assuming mean-variance optimization

1982 • 313 citations

QUANTIFYING INTERNATIONAL CAPITAL MOBILITY IN THE 1980s

2003 • 268 citations

The foreign exchange risk premium in a target zone with devaluation risk

1992 • 119 citations

Exchange Rate Expectations and the Risk Premium: Tests For A Cross Section of 17 Currencies*

1993 • 90 citations

European Monetary Reform: Progress and Prospects

1990 • 80 citations

The Time Variation of Risk and Return in the Foreign Exchange and Stock Markets

1989 • 70 citations

Capital controls and the European Monetary System

1988 • 52 citations

THE EUROPEAN MONETARY SYSTEM: CREDIBLE AT LAST?

1992 • 36 citations

the Simplest Test of Target Zone Credibility

1990 • 29 citations

Can Exchange Rate Predictability be Achieved Without Monetary Convergence? Evidence from the EMS

1984 • 25 citations

An Empirical Exploration of Exchange Rate Target-Zones

1991 • 22 citations

Abolishing exchange control : the UK experience

1989 • 18 citations

Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the EMS

1991 • 7 citations

Time-Varying Devaluation Risk, Interest Rate Differentials and Exchange Rates in Target Zones: Empirical Evidence from the EMS

1992 • 5 citations