1. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 1 Figure 28.1 Mark P. Taylor (1958 - )

2. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 2 Figure 28.2 Deeds and words: fear of floating and fear of pegging

3. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 3 Figure 28.3 Basic fixed exchange rate regime

4. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 4 Figure 28.4 US $ daily exchange rates; France and Germany, 1980-1994

5. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 5 Figure 28.5 Rational expectations equilibrium for Germany and Italy

6. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 6 Figure 28.6 Preference differences: credibility problems for Italy

7. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 7 Figure 28.7 Daily ECU exchange rate; Germany and UK, 1990-1993

8. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 8 Figure 28.8 Different economic shocks: cause for conflict

9. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 9 Figure 28.9 Examples of Brownian motion

10. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 10 Figure 28.9 Examples of Brownian motion

11. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 11 Figure 28.10 Impossibility of a Z-shaped target zone

12. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 12 Figure 28.11 The basic target zone model; S-shaped curve (honeymoon effect)

13. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 13 Figure 28.12 Tying down the ends: the smooth-pasting conditions

14. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 14 Figure 28.13 Leaning-against-the-wind intervention

15. International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, 2006 15 Figure 28.14 US $ exchange rates; Thailand and China, 2000 – 2005