Ghosh, Atish R.; Gulde, Anne-Marie; Wolf, Holger C. - The MIT Press
relationships between regimes and common macroeconomic policy targets such as inflation and growth. This book takes a systematic … whether pegging the exchange rate leads to lower inflation, whether floating exchange rates are associated with faster output … growth, and whether pegged regimes are particularly prone to currency and other crises. The book draws on history and theory …