Does the Exchange Regime Matter for inflation and Growth?.

Although the theoretical relationships are ambiguous, evidence suggestsa strong link between the choice of the exchange rate regime and economicperformance. The paper argues that adopting a pegged exchange rate canlead to lower inflation, but also to slower growth in productivity. Itfinds that on av...

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Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1996.
Edice:Economic Issues; Economic Issues ; No. 1996/002
On-line přístup:Full text available on IMF