Why Do Countries Peg the Way They Peg? : The Determinants of Anchor Currency Choice /

What determines the currency to which countries peg or "anchor" their exchange rate? Data for over 100 countries between 1980 and 1998 reveal that trade network externalities are a key determinant. This implies that anchor currency choice may well be suboptimal in that certain currencies,...

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Xehetasun bibliografikoak
Egile nagusia: Oomes, Nienke
Beste egile batzuk: Meissner, Christopher
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2008.
Saila:IMF Working Papers; Working Paper ; No. 2008/132
Sarrera elektronikoa:Full text available on IMF

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