Exchange Rate Regimes in the Modern Era - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Rate Regimes in the Modern Era write by Michael W. Klein. This book was released on 2012-08-24. Exchange Rate Regimes in the Modern Era available in PDF, EPUB and Kindle. An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence. The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence. Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes in the modern era, the period since 1973, which followed the Bretton Woods era of 1945–72 and the pre-World War I gold standard era. Klein and Shambaugh offer a comprehensive, integrated treatment of the characteristics of exchange rate regimes and their effects. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions.
Exchange Rate Regimes in the Modern Era
Exchange Rate Regimes in the Modern Era - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Rate Regimes in the Modern Era write by Andrew K. Rose. This book was released on 2010. Exchange Rate Regimes in the Modern Era available in PDF, EPUB and Kindle.
Exchange rate regimes in the modern era : fixed, floating, and flaky
Exchange rate regimes in the modern era : fixed, floating, and flaky - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange rate regimes in the modern era : fixed, floating, and flaky write by . This book was released on 2010. Exchange rate regimes in the modern era : fixed, floating, and flaky available in PDF, EPUB and Kindle.
Evolution and Performance of Exchange Rate Regimes
Evolution and Performance of Exchange Rate Regimes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Evolution and Performance of Exchange Rate Regimes write by Mr.Kenneth Rogoff. This book was released on 2003-12-01. Evolution and Performance of Exchange Rate Regimes available in PDF, EPUB and Kindle. Using recent advances in the classification of exchange rate regimes, this paper finds no support for the popular bipolar view that countries will tend over time to move to the polar extremes of free float or rigid peg. Rather, intermediate regimes have shown remarkable durability. The analysis suggests that as economies mature, the value of exchange rate flexibility rises. For countries at a relatively early stage of financial development and integration, fixed or relatively rigid regimes appear to offer some anti-inflation credibility gain without compromising growth objectives. As countries develop economically and institutionally, there appear to be considerable benefits to more flexible regimes. For developed countries that are not in a currency union, relatively flexible exchange rate regimes appear to offer higher growth without any cost in credibility.
Evolution of Exchange Rate Regimes
Evolution of Exchange Rate Regimes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Evolution of Exchange Rate Regimes write by International Monetary Fund. This book was released on 1988-12-09. Evolution of Exchange Rate Regimes available in PDF, EPUB and Kindle. The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
