Add to ORKGThis paper frames policy debates around the appropriate choice of currency regimes for developing and transition economies, by clarifying and articulating arguments drawn from the scientific and applied economics literatures. In particular, arguments for, and against, "fixed" vs. "flexible" exchange rate regimes are elaborated and evaluated, including the celebrated "insulation" hypothesis of Friedman and "optimum currency area" concept of Mundell. Political economy arguments are also consi
The choice of exchange rate regime has become one of the most important issues one more time in many...
The theory of optimum currency areas was conceived and developed in three high influential papers, w...
Since the collapse of the Bretton Woods system, a vast literature has developed on the virtues and p...
In the midst of a lively debate about international monetary reform at the beginning of the twenty-f...
We compare alternative monetary policies for an emerging market economy that experiences external sh...
Abstract: This paper presents, in the light of Keynesian theory and taking in account the emerging e...
This paper investigates the effects of exchange rate regimes and alternative monetary policy rules f...
Abstract: This paper presents, in the light of Keynesian theory, an exchange rate regime proposal fo...
The criteria of the theory of optimum currency areas suggest that many (most?) countries are not goo...
Currency boards have often been at the heart of monetary reforms proposed by the International Monet...
Which exchange rate arrangement should developing countries adopt? This question has been given new ...
International audienceThis paper provides several arguments for fixed exchange rates. First, any fir...
The objective of this chapter is to evaluate the theoretical debate on the choice of an exchange rat...
This paper considers regime choices facing relatively small, trade-oriented, financially liberalizin...
The modern literature on the choice of fixed versus flexible exchange rate regimes traces back to Fr...
The choice of exchange rate regime has become one of the most important issues one more time in many...
The theory of optimum currency areas was conceived and developed in three high influential papers, w...
Since the collapse of the Bretton Woods system, a vast literature has developed on the virtues and p...
In the midst of a lively debate about international monetary reform at the beginning of the twenty-f...
We compare alternative monetary policies for an emerging market economy that experiences external sh...
Abstract: This paper presents, in the light of Keynesian theory and taking in account the emerging e...
This paper investigates the effects of exchange rate regimes and alternative monetary policy rules f...
Abstract: This paper presents, in the light of Keynesian theory, an exchange rate regime proposal fo...
The criteria of the theory of optimum currency areas suggest that many (most?) countries are not goo...
Currency boards have often been at the heart of monetary reforms proposed by the International Monet...
Which exchange rate arrangement should developing countries adopt? This question has been given new ...
International audienceThis paper provides several arguments for fixed exchange rates. First, any fir...
The objective of this chapter is to evaluate the theoretical debate on the choice of an exchange rat...
This paper considers regime choices facing relatively small, trade-oriented, financially liberalizin...
The modern literature on the choice of fixed versus flexible exchange rate regimes traces back to Fr...
The choice of exchange rate regime has become one of the most important issues one more time in many...
The theory of optimum currency areas was conceived and developed in three high influential papers, w...
Since the collapse of the Bretton Woods system, a vast literature has developed on the virtues and p...