Verfügbarkeit: External Stability Under Alternative Nominal Exchange Rate Anchors

External Stability Under Alternative Nominal Exchange Rate Anchors: An Application to the Gcc Countries

Import and export stability is examined under two alternative nominal exchange rate anchors, the U.S. dollar and the SDR. Stability under the two pegs depends critically on import and export elasticity with respect to exchange rates. The implications of import and export elasticity for an optimal cu...

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1. Verfasser:	Iqbal, Zubair (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1997
Schriftenreihe:	IMF Working Papers Working Paper No. 97/8
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	Import and export stability is examined under two alternative nominal exchange rate anchors, the U.S. dollar and the SDR. Stability under the two pegs depends critically on import and export elasticity with respect to exchange rates. The implications of import and export elasticity for an optimal currency basket are also explored. The elasticity estimates for the GCC countries suggest that the SDR peg may not outperform the dollar peg in improving external stability. Nevertheless, switching to some other nominal exchange rate anchor may improve external stability, a possibility that remains to be explored
Beschreibung:	1 Online-Ressource (36 p)
ISBN:	1451927908 9781451927900

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spelling	Iqbal, Zubair Verfasser aut External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries Iqbal, Zubair Washington, D.C International Monetary Fund 1997 1 Online-Ressource (36 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 97/8 Import and export stability is examined under two alternative nominal exchange rate anchors, the U.S. dollar and the SDR. Stability under the two pegs depends critically on import and export elasticity with respect to exchange rates. The implications of import and export elasticity for an optimal currency basket are also explored. The elasticity estimates for the GCC countries suggest that the SDR peg may not outperform the dollar peg in improving external stability. Nevertheless, switching to some other nominal exchange rate anchor may improve external stability, a possibility that remains to be explored Online-Ausg Erbas, S. Nuri Sonstige oth http://elibrary.imf.org/view/IMF001/02277-9781451927900/02277-9781451927900/02277-9781451927900.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Iqbal, Zubair External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries
title	External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries
title_auth	External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries
title_exact_search	External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries
title_exact_search_txtP	External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries
title_full	External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries Iqbal, Zubair
title_fullStr	External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries Iqbal, Zubair
title_full_unstemmed	External Stability Under Alternative Nominal Exchange Rate Anchors An Application to the Gcc Countries Iqbal, Zubair
title_short	External Stability Under Alternative Nominal Exchange Rate Anchors
title_sort	external stability under alternative nominal exchange rate anchors an application to the gcc countries
title_sub	An Application to the Gcc Countries
url	http://elibrary.imf.org/view/IMF001/02277-9781451927900/02277-9781451927900/02277-9781451927900.xml
work_keys_str_mv	AT iqbalzubair externalstabilityunderalternativenominalexchangerateanchorsanapplicationtothegcccountries AT erbassnuri externalstabilityunderalternativenominalexchangerateanchorsanapplicationtothegcccountries

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MARC

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