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...

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Библиографические подробности
Главный автор: Oppers, S.
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2000.
Серии:IMF Working Papers; Working Paper ; No. 2000/199
Online-ссылка:Full text available on IMF