Exchange Rate Regime Considerations for Jordan and Lebanon

Exchange Rate Regime Considerations for Jordan and Lebanon
This paper addresses the issue of the appropriate exchange rate regimes for Jordan and Lebanon in the context of the literature on optimum currency areas and the arguments concerning the use of the exchange rate as a nominal anchor for the economy. It presents some empirical results on the nature of output shocks in Jordan and Lebanon in the recent READ MORE...

Publication date: June 2003
ISBN 9781451855937
$15.00

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