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...
Päätekijä: | |
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Aineistotyyppi: | Aikakauslehti |
Kieli: | English |
Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2001.
|
Sarja: | IMF Working Papers; Working Paper ;
No. 2001/140 |
Linkit: | Full text available on IMF |