Goldfajn, Ilan; Gupta, Poonam - In: IMF Staff Papers 50 (2003) 1, pp. 5-5
This paper provides evidence on the relationship between monetary policy and the exchange rate in the aftermath of currency crises. It analyzes a large dataset of currency crises in 80 countries for the period 1980-98. The main question addressed is whether monetary policy can increase the...
