IMF Staff papers : Volume 23 No. 3.

This paper examines the proposition that flexible exchange rates are more (less) inflationary than a system of fixed exchange rates. The paper first discusses possible effects of a change in the exchange rate regime on the price level. It examines the two arguments that flexible exchange rates will...

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Bibliographic Details
Corporate Author: International Monetary Fund. Research Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1976.
Series:IMF Staff Papers; IMF Staff Papers ; No. 1976/003
Online Access:Full text available on IMF