Exchange Rate Volatility Under Peg : Do Trade Patterns Matter? /

This paper assesses the role of trade patterns in shaping the volatility of the effective exchange rate under two alternative peg regimes: a hard peg to a single currency and a peg to a basket of currencies. I link the changes in the nominal effective exchange rate of a pegged currency to the fluctu...

Descrición completa

Detalles Bibliográficos
Autor Principal: Lonkeng Ngouana, Constant
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/073
Acceso en liña:Full text available on IMF

Títulos similares