Ouchen, Mariam (2013): Optimal choice of an exchange rate regime: a critical literature review.
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Abstract
This paper set out to review the main theories and empirical methods employed in selecting an appropriate exchange rate regime.In order to achieve this, the paper is organized as follows : Section 2 introduces the distinct classifications of exchange regimes(de jure exchange rate regimes versus the facto exchange rate regimes), and the different theoretical approaches which illustrate how an optimal exchange rate regime is determined . Despite their initial popularity, the theoretical considerations have not escaped criticism.Section 3 reviews the criticism of these theories.A conclusion is provided in Section 4.
Item Type: | MPRA Paper |
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Original Title: | Optimal choice of an exchange rate regime: a critical literature review |
English Title: | Optimal choice of an exchange rate regime: a critical literature review |
Language: | English |
Keywords: | Keywords : Exchange rate regime, the structural approach, credibility, flexibility, the bipolar view |
Subjects: | A - General Economics and Teaching > A3 - Collective Works > A30 - General |
Item ID: | 43907 |
Depositing User: | Mariam OUCHEN |
Date Deposited: | 21 Jan 2013 12:56 |
Last Modified: | 27 Sep 2019 02:32 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/43907 |