A Tie That Binds

Revisiting the Trilemma in Emerging Market Economies

A Tie That Binds
This paper examines the claim that exchange rate regimes are of little salience in the transmission of global financial conditions to domestic financial and macroeconomic conditions by focusing on a sample of about 40 emerging market countries over 1986–2013. Our findings show that exchange rate regimes do matter. Countries with fixed exchange... READ MORE...

Publication date: June 2017
ISBN 9781484302620
$18.00

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