Fixed Exchange Rates and the Autonomy of Monetary Policy : The Franc Zone Case /
This paper compares monetary policy of currency boards with that of the franc zone during the period 1956-2005. It concludes that monetary policy in the zone was more autonomous than under a currency board, even though both systems faced the same exchange rate constraint. So far, the contingency lin...
| Hlavní autor: | |
|---|---|
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 2007/034 |
| On-line přístup: | Full text available on IMF |