Dual Currency Boards : A Proposal for Currency Stability /
This paper shows that extending the convertibility guarantee of the traditional currency board to a second reserve currency brings about an automatic, market-driven change of the peg when the initial reserve currency appreciates beyond a specified level. The 'dual' currency board thus main...
| Auteur principal: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2000/199 |
| Accès en ligne: | Full text available on IMF |