Does the Nominal Exchange Rate Regime Matter? /

The effect of the exchange rate regime on inflation and growth is examined. The 30-year data set includes over 100 countries and nine regime types. Pegged regimes are associated with lower inflation than intermediate or flexible regimes. This anti-inflationary benefit reflects lower money supply gro...

ver descrição completa

Detalhes bibliográficos
Autor principal: Ostry, Jonathan
Outros Autores: Ghosh, Atish, Gulde, Anne, Wolf, Holger
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1995.
Colecção:IMF Working Papers; Working Paper ; No. 1995/121
Acesso em linha:Full text available on IMF