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...
| Prif Awdur: | |
|---|---|
| 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 |