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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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2002.
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Series: | IMF Working Papers; Working Paper ;
No. 2002/034 |
Online Access: | Full text available on IMF |