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,...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Oomes, Nienke
مؤلفون آخرون: Meissner, Christopher
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/132
الوصول للمادة أونلاين:Full text available on IMF