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...
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| Weitere Verfasser: | , , |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1995.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1995/121 |
| Online Zugang: | Full text available on IMF |