Monetary Rules for Emerging Market Economies /

We compare the performance of a currency board, inflation targeting, and dollarization in a small, open developing economy with a liberalized capital account. We focus on the transmission of shocks to currency and country risk premia and on the role of fluctuations in premia in the propagation of ot...

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Bibliographic Details
Main Author: Rebucci, Alessandro
Other Authors: Ghironi, Fabio
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/034
Online Access:Full text available on IMF