Exchange Rate Regime Choice

Exchange Rate Regime Choice
Traditionally the choice of exchange rate regime has been seen as a second-best policy choice, which can be directed toward mitigating the distortionary effects of price or information rigidities. In this paradigm the optimal degree of exchange rate flexibility is found to depend of the source and nature of shocks hitting an economy. More recent... READ MORE...

Publication date: September 1991
ISBN 9781451851328
$15.00

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