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...
1. autor: | |
---|---|
Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2001.
|
Seria: | IMF Working Papers; Working Paper ;
No. 2001/140 |
Dostęp online: | Full text available on IMF |