The Evolution of Exchange Rate Regimes Since 1990 : Evidence From De Facto Policies /

This paper presents a monthly database on de facto exchange rate regimes that covers all IMF members since 1990. Information from IMF country reports and other sources, including exchange rate data, is utilized to determine de facto exchange rate policies. Countries are categorized based on these po...

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Xehetasun bibliografikoak
Egile nagusia: Bubula, Andrea
Beste egile batzuk: Otker, Inci
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2002.
Saila:IMF Working Papers; Working Paper ; No. 2002/155
Sarrera elektronikoa:Full text available on IMF
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100 1 |a Bubula, Andrea. 
245 1 4 |a The Evolution of Exchange Rate Regimes Since 1990 :   |b Evidence From De Facto Policies /  |c Andrea Bubula, Inci Otker. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2002. 
300 |a 1 online resource (44 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents a monthly database on de facto exchange rate regimes that covers all IMF members since 1990. Information from IMF country reports and other sources, including exchange rate data, is utilized to determine de facto exchange rate policies. Countries are categorized based on these policies using the IMF nomenclature adopted in 1999. This approach ensures the forward compatibility of the database. The database is then used to examine whether the "bipolar view" of exchange regimes holds with de facto regimes. It is found that the proportion of countries adopting "intermediate" regimes has indeed been shrinking in favor of greater flexibility or greater fixity, especially for countries more integrated with international markets. Analyses based on Markov chains of regime transitions, however, provide (mixed) evidence against the bipolar view. 
538 |a Mode of access: Internet 
700 1 |a Otker, Inci. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2002/155 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2002/155/001.2002.issue-155-en.xml  |z IMF e-Library