A Model of Exchange Rate Regime Choice in the Transitional Economies of Central and Eastern Europe /

The paper develops a model of exchange rate regime choice centered on the trade-off between internal price stability and external competitiveness and allowing for institutional costs of altering exchange rate arrangements. The main implication of the model is a nonlinear relationship between the rat...

Descripción completa

Detalles Bibliográficos
Autor principal: Klyuev, Vladimir
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2001.
Colección:IMF Working Papers; Working Paper ; No. 2001/140
Acceso en línea:Full text available on IMF