A Tie That Binds : Revisiting the Trilemma in Emerging Market Economies /

This paper examines the claim that exchange rate regimes are of little salience in the transmission of global financial conditions to domestic financial and macroeconomic conditions by focusing on a sample of about 40 emerging market countries over 1986-2013. Our findings show that exchange rate reg...

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Bibliographic Details
Main Author: Obstfeld, Maurice
Other Authors: Ostry, Jonathan, Qureshi, Mahvash
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/130
Online Access:Full text available on IMF