Exchange rate management and stabilization policies in developing countries
نویسندگان
چکیده
منابع مشابه
The impact of exchange rate on economic growth under different exchange rate regimes (in selected countries developed and developing)
This paper examines the role of different exchange rate regimes on relationship between exchange rate volatility and economic growth. To investigate this relationship, information of 53 countries with floating and fixed exchange rate regimes in the period of 1987-2016 are considered. GARCH technique is used to estimate exchange rate volatility and Difference GMM technique for estimating the mo...
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Since Friedman (1953) and Poole (1970), an advantage often attributed to ßexible exchange rate regimes relative to Þxed regimes is their ability to better insulate the economy against real shocks. I use a post-Bretton Woods sample (1973-1996) of 74 developing countries to assess whether the business cycle response of real GDP, real exchange rates and inßation to terms of trade shocks differ sys...
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The non-optimal choice of exchange rate policy is a serious obstacle to improving the country's economic situation. Considering that the involvement of political economy factors in the adoption of exchange rate policy causes its inefficiency and the choice of exchange rate regime in developing countries seems to has been more influenced by the political economy factors, the study of amount and ...
متن کاملEU Preferential Trade Policies and Developing Countries
am grateful to Mathew Tharakan for many helpful comments on an earlier draft and to Eric Reinhardt for providing a concise summary of his ongoing joint research on the Generalized System of Preferences. In addition to the references cited in the paper, this paper has benefited greatly from a number of websites that offer information on various EU preferential trade arrangements, especially thos...
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ژورنال
عنوان ژورنال: Journal of Development Economics
سال: 1986
ISSN: 0304-3878
DOI: 10.1016/0304-3878(86)90117-3