Dual Currency Boards : A Proposal for Currency Stability /
This paper shows that extending the convertibility guarantee of the traditional currency board to a second reserve currency brings about an automatic, market-driven change of the peg when the initial reserve currency appreciates beyond a specified level. The 'dual' currency board thus main...
| Autor principal: | |
|---|---|
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2000/199 |
| Accés en línia: | Full text available on IMF |