Does Monetary Policy Stabilize the Exchange Rate Following a Currency Crisis? /
This paper provides evidence on the relationship between monetary policy and the exchange rate in the aftermath of currency crises. It analyzes a large data set of currency crises in 80 countries for the period 1980-98. The main question addressed is: Can monetary policy increase the probability of...
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1999.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 1999/042 |
| Acesso em linha: | Full text available on IMF |