Holdings: Currency Boards :: THWS Bibkatalog

Currency Boards: The Ultimate Fix?

The growing integration of world capital markets has made it fashionable to argue that only extreme exchange rate regimes are sustainable. Short of adopting a common currency, currency board arrangements represent the most extreme form of exchange rate peg. This paper compares the macroeconomic perf...

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Main Author:	Ghosh, Atish R. (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C International Monetary Fund 1998
Series:	IMF Working Papers Working Paper No. 98/8
Online Access:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Summary:	The growing integration of world capital markets has made it fashionable to argue that only extreme exchange rate regimes are sustainable. Short of adopting a common currency, currency board arrangements represent the most extreme form of exchange rate peg. This paper compares the macroeconomic performance of countries with currency boards to those with other forms of pegged exchange rate regime. Currency boards are indeed associated with better inflation performance, even allowing for potential endogeneity of the choice of regime. Perhaps more surprisingly, this better inflation performance is accompanied by higher output growth
Physical Description:	1 Online-Ressource (23 p)
ISBN:	1451927959 9781451927955

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spelling	Ghosh, Atish R. Verfasser aut Currency Boards The Ultimate Fix? Ghosh, Atish R Washington, D.C International Monetary Fund 1998 1 Online-Ressource (23 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/8 The growing integration of world capital markets has made it fashionable to argue that only extreme exchange rate regimes are sustainable. Short of adopting a common currency, currency board arrangements represent the most extreme form of exchange rate peg. This paper compares the macroeconomic performance of countries with currency boards to those with other forms of pegged exchange rate regime. Currency boards are indeed associated with better inflation performance, even allowing for potential endogeneity of the choice of regime. Perhaps more surprisingly, this better inflation performance is accompanied by higher output growth Online-Ausg http://elibrary.imf.org/view/IMF001/01468-9781451927955/01468-9781451927955/01468-9781451927955.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Ghosh, Atish R. Currency Boards The Ultimate Fix?
title	Currency Boards The Ultimate Fix?
title_auth	Currency Boards The Ultimate Fix?
title_exact_search	Currency Boards The Ultimate Fix?
title_exact_search_txtP	Currency Boards The Ultimate Fix?
title_full	Currency Boards The Ultimate Fix? Ghosh, Atish R
title_fullStr	Currency Boards The Ultimate Fix? Ghosh, Atish R
title_full_unstemmed	Currency Boards The Ultimate Fix? Ghosh, Atish R
title_short	Currency Boards
title_sort	currency boards the ultimate fix
title_sub	The Ultimate Fix?
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