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%T The presence of target zone nonlinearities when narrower bands exist within official zones %A Veestraeten, Dirk %J Applied Economics %N 4 %P 449-452 %V 39 %D 2007 %= 2011-04-01T03:20:00Z %~ http://www.peerproject.eu/ %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-239784 %X The presence of target zone nonlinearities is generally refuted in empirical research. We argue that this may be due to estimation being performed vis-à-vis official limits when monetary authorities in fact are targeting a narrower band. Estimation results for the Belgian and French franc confirm that nonlinearities are present when narrower zones are accounted for. %G en %9 journal article %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info