International Currencies and Endogenous Enforcement : An Empirical Analysis /
This paper investigates the determinants of the international role of a currency. It argues that standard determinants such as monetary performance and financial openness are at best imperfect indicators of a currency's stability prospects, because the issuer's promise of stability is not...
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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
1997.
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| Serier: | IMF Working Papers; Working Paper ;
No. 1997/029 |
| Online adgang: | Full text available on IMF |