Exchange Rate Regime Choice in Historical Perspective

Released on by Michael D. Bordo
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  • Exchange Rate Regime Choice in Historical Perspective Book Detail

  • Author : Michael D. Bordo
  • Release Date : 2003-08-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 29
  • ISBN 13 : 1451857764
  • File Size : 19,19 MB
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Exchange Rate Regime Choice in Historical Perspective by Michael D. Bordo PDF Summary

Book Description: 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 perspective. I first survey the theoretical issues beginning with a taxonomy of regimes. I then examine the empirical evidence on the delineation of regimes and their macroeconomic performance. The penultimate section provides a brief history of monetary regimes in industrial and emerging economies. The conclusion considers the case for a managed float regime for today's emerging economies.

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Exchange Rate Regimes

Exchange Rate Regimes

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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