01585cas a2200241 a 4500 AALejournalIMF007769 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451980189 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. The Linkage Between Speculative Attack and Target Zone Models of Exchange Rates. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In this paper we generalize the target zone exchange rate as model formalized by Krugman (1988b). The main contributions of these pages consist of linking the recent developments in the theory of target zones to the mirror image theory of speculative attacks on asset price fixing regimes and in using aspects of that linkage to give an intuitive interpretation to the 'smooth pasting' condition often invoked as a terminal condition. We aim to unify these two literatures by showing that the solution concepts in both are identical. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/030 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/030/001.1989.issue-030-en.xml IMF e-Library