Exchange Rate Regimes

Exchange Rate Regimes
Author :
Publisher : MIT Press
Total Pages : 252
Release :
ISBN-10 : 0262072408
ISBN-13 : 9780262072403
Rating : 4/5 (403 Downloads)

Book Synopsis Exchange Rate Regimes by : Atish R. Ghosh

Download or read book Exchange Rate Regimes written by Atish R. Ghosh and published by MIT Press. This book was released on 2002 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Exchange Rate Regimes Related Books

Exchange Rate Choices of Microstates
Language: en
Pages: 48
Authors: Patrick A. Imam
Categories: Business & Economics
Type: BOOK - Published: 2010-01-01 - Publisher: International Monetary Fund

GET EBOOK

In this paper we first explain why most microstates (countries with less than 2 million inhabitants) have gained independence only in the last 30 years. Despite
Exchange Rate Regimes
Language: en
Pages: 252
Authors: Atish R. Ghosh
Categories: Business & Economics
Type: BOOK - Published: 2002 - Publisher: MIT Press

GET EBOOK

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
Exchange Rate Regime Choice
Language: en
Pages: 9
Authors: Mr.Robert P. Flood
Categories: Business & Economics
Type: BOOK - Published: 1991-09-01 - Publisher: International Monetary Fund

GET EBOOK

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
Too Sensational
Language: en
Pages: 292
Authors: W. Max Corden
Categories: Business & Economics
Type: BOOK - Published: 2004-08-20 - Publisher: MIT Press

GET EBOOK

Most of the literature on exchange rate regimes has focused on the developed countries. Since the recent crises in emerging markets, however, attention has shif
Exchange Rate Regime Choice in Historical Perspective
Language: en
Pages: 29
Authors: Michael D. Bordo
Categories: Business & Economics
Type: BOOK - Published: 2003-08-01 - Publisher: International Monetary Fund

GET EBOOK

In this paper, I survey the issue of exchange rate regime choice from the perspective of both the industrial and emerging economies taking an historical perspec