External Stability Under Alternative Nominal Exchange Rate Anchors : An Application to the GCC Countries /
Import and export stability is examined under two alternative nominal exchange rate anchors, the U.S. dollar and the SDR. Stability under the two pegs depends critically on import and export elasticity with respect to exchange rates. The implications of import and export elasticity for an optimal cu...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1997.
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| Series: | IMF Working Papers; Working Paper ;
No. 1997/008 |
| Online Access: | Full text available on IMF |