Exchange Rate Regimes: Choices and Consequences

Search by :

ALL Author Subject ISBN/ISSN Advanced Search

Last search:

Image of Exchange Rate Regimes: Choices and Consequences

Text

Exchange Rate Regimes: Choices and Consequences

GHOSH, Atish R - Personal Name; GULDE, Anne-Marie - Personal Name; WOLF, Holger C - Personal Name;

An empirical study of exchange rate regimes based on data compiled from 150 member countries of the International Monetary Fund over the past thirty years.Few topics in international economics are as controversial as the choice of an exchange rate regime. Since the breakdown of the Bretton Woods system in the early 1970s, countries have adopted a wide variety of regimes, ranging from pure floats at one extreme to currency boards and dollarization at the other. While a vast theoretical literature explores the choice and consequences of exchange rate regimes, the abundance of possible effects makes it difficult to establish clear relationships between regimes and common macroeconomic policy targets such as inflation and growth.This book takes a systematic look at the evidence on macroeconomic performance under alternative exchange rate regimes, drawing on the experience of some 150 member countries of the International Monetary Fund over the past thirty years. Among other questions, it asks whether pegging the exchange rate leads to lower inflation, whether floating exchange rates are associated with faster output growth, and whether pegged regimes are particularly prone to currency and other crises. The book draws on history and theory to delineate the debate and on standard statistical methods to assess the empirical evidence, and includes a CD-ROM containing the data set used.OCLC-licensed vendor bibliographic record.

Availability

No copy data

Detail Information

Series Title: -
Call Number: -
Publisher: Cambridge, Massachusetts : The MIT Press., 2003
Collation: 1 online resource (232 pages) :illustrations
Language: English
ISBN/ISSN: 9780262273770
Classification: NONE
Content Type: text
Media Type: computer
Carrier Type: online resource
Edition: -
Subject(s): Foreign exchange rates.
International finance.
Specific Detail Info: -
Statement of Responsibility: Atish R. Ghosh, Anne-Marie Gulde, Holger C. Wolf

Other Information

Cataloger: Citra
Source: https://direct.mit.edu/books/monograph/2536/Exchange-Rate-RegimesChoices-and-Consequences
Validator: -
Digital Object Identifier (DOI): https://doi.org/10.7551/mitpress/2898.001.0001
Journal Volume: -
Journal Issue: -
Subtitle: -
Parallel Title: -

Other version/related

No other version available

File Attachment

No Data

Comments

You must be logged in to post a comment