Exchange Rate Regime Transitions /

The 'hollowing-out,' or 'two poles' hypothesis is tested in the context of a Markov chain model of exchange rate transitions. In particular, two versions of the hypothesis-that hard pegs are an absorbing state, or that fixes and floats form a closed set, with no transitions to in...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Masson, Paul
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2000.
Cyfres:IMF Working Papers; Working Paper ; No. 2000/134
Mynediad Ar-lein:Full text available on IMF