Long-Run Determinants of Exchange Rate Regimes: A Simple Sensitivity Analysis
Electronic Access:
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Summary:
Many studies have attempted to uncover empirical regularities in how countries choose their exchange rate regimes. We survey previous studies showing that, taken as a whole, the literature is inconclusive. Drawing on a large dataset with many potential explanatory variables and a variety of exchange rate regime classifications, we test old and new theories and confirm that no robust empirical regularities emerge.
Series:
Working Paper No. 2002/104
Subject:
Balance of payments Capital controls Conventional peg Exchange rate arrangements Exchange rates Foreign exchange Inflation Prices
English
Publication Date:
June 1, 2002
ISBN/ISSN:
9781451852776/1018-5941
Stock No:
WPIEA1042002
Pages:
31
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