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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Xehetasun bibliografikoak
Egile nagusia: Oppers, S.
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2000.
Saila:IMF Working Papers; Working Paper ; No. 2000/199
Sarrera elektronikoa:Full text available on IMF

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