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This is the chartbook of individual country exchange rate histories and their experience with parallel markets, 1946-2001 that accompanies "The Modern History of Exchange Rate Arrangements: A Reinterpretation." We develop a novel system of reclassifying historical exchange rate regimes. One key...
Persistent link: https://www.econbiz.de/10005789352
Many emerging market countries have suffered financial crises. One view blames soft pegs for these crises. Adherents to that view suggest that countries move to corner solutions--hard pegs or floating exchange rates. We analyze the behavior of exchange rates, reserves, and interest rates to...
Persistent link: https://www.econbiz.de/10005789718
These are the narrative individual country histories of exchange rate arrangements, 1946-2001 that underpin "The Modern History of Exchange Rate Arrangements: A Reinterpretation". The chronologies allow us to date dual or multiple exchange rate episodes, as well as to differentiate between...
Persistent link: https://www.econbiz.de/10005619800