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The cost of a currency peg during the Great Recession

Andersen, Thomas Barnebeck - In: Open economies review 34 (2023) 2, pp. 255-279

Persistent link: https://www.econbiz.de/10014334797

Exchange rate-based stabilization revisited : an analysis of its short-term impact on external equilibrium in Argentina (1991 - 1995)

Wohlmann, Monika; Nowak-Lehmann D., Felicitas - 2000

Persistent link: https://www.econbiz.de/10013356572

Wechselkurspolitik im Aufholprozeß : Erfahrungen lateinamerikanischer, europäischer u. asiatischer Länder

Diehl, Markus - 1997

Persistent link: https://www.econbiz.de/10013263827

Currency Boards, Credibility, and Macroeconomic Behavior

Rivera-Batiz, Luis A.; Sy, Amadou N. R. - In: Annals of Economics and Finance 14 (2013) 2, pp. 831-870

currency boards' effectiveness hinges on their credibility properties and that they can improve welfare even with high …

Persistent link: https://www.econbiz.de/10010819322

Japans Lehren für das Schweizer Wechselkursdilemma

Schnabl, Gunther - In: Wirtschaftsdienst 95 (2015) 3, pp. 192-199

Im Januar 2015 verkündete die Schweizerische Nationalbank, dass die feste Bindung des Franken an den Euro aufgehoben sei und die Währung fortan frei schwanken solle. Dies brachte den Franken unter starken Aufwertungsdruck, wie er für Währungen von Ländern mit persistenten...

Persistent link: https://www.econbiz.de/10011773172

The Credibility of Exchange Rate Pegs and Bank Distress in Historical Perspective : Lessons from the National Banking Era

Fulford, Scott - 2013

in 1896, we construct a measure of the credibility of the gold standard spanning the entire sample period. Changes in …

Persistent link: https://www.econbiz.de/10013072957

Pegs, Baskets, and the Importance of Policy Credibility : Lessons of the 1992-93 Erm Crisis

Volz, Ulrich - 2005

countries. Based on an assessment of credibility of the EMS before and during the crisis, the paper discusses distinct features … that add to the credibility of regional exchange rate systems. It reasons that a system that is built around well …

Persistent link: https://www.econbiz.de/10014063838

Monetary Policy Independence in the Erm : Was There Any?

Edison, Hali J.; MacDonald, Ronald - 2000

Recently proposals for introducing greater exchange rate fixity into the behavior of key exchange rates have become fashionable. One proposal, for example, suggests that a target zone arrangement for the dollar, mark and yen would represent a desirable reform of the international monetary...

Persistent link: https://www.econbiz.de/10014154077

The Credibility of the Venezuela Crawling-Band System

Campos, María Isabel; Torres, José L.; Villegas, Esmeralda - 2007

This paper studies the credibility of the Venezuela crawling-band exchange rate regime during the period July, 1996 … - February, 2002. We show that, introducing some modifications, the credibility analysis widely applied to target zone regimes … can also be used in studying the credibility of crawling-band regimes. In analyzing the credibility of the Venezuela …

Persistent link: https://www.econbiz.de/10014053405

Credibility and Duration in Target Zones : Evidence from the EMS

Sosvilla-Rivero, Simon; Perez-Bermejo, Francisco - 2003

light of empirical papers examining the EMS from both the credibility and currency crisis approaches, with special emphasis …

Persistent link: https://www.econbiz.de/10014074710