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...

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מידע ביבליוגרפי
מחבר ראשי: Lonkeng Ngouana, Constant
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2012.
סדרה:IMF Working Papers; Working Paper ; No. 2012/073
גישה מקוונת:Full text available on IMF