Fixed Exchange Rate Regime or Floating Exchange Rate Regime?
نویسندگان
چکیده
منابع مشابه
Choosing an Exchange Rate Regime
1The sequence within intermediate regimes is somewhat arbitrary. For example, if the band is as narrow as 2 4 % as in the European Exchange Rate Mechanism or even 1% as under Bretton Woods, then it would properly belong closer to the fixed-rate end of the spectrum. Similarly, if the adjustable peg involved a devaluation or revaluation every time a moderate shock came along, it would properly be...
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ژورنال
عنوان ژورنال: World Economic Research
سال: 2016
ISSN: 2167-6607,2167-6615
DOI: 10.12677/wer.2016.53007