Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Choosing of currency regime by country with emerging economies
Available online: 18 December 2012 Subject Heading: CURRENCY MARKET JEL Classification:
The article is devoted to the problem of using fixed exchange rate regime for countries with poorly-developed financial systems. We present and analyze a classification of regimes and problems they cause and solve. The paper investigates peg regimes in five countries with high dependence on foreign market. Using Frankel-Wei methodology and moving average method we show inconsistency between declared currency regimes and the observed ones. Keywords: exchange rate regime, peg, independent, monetary policy, rolling regression |
ISSN 2311-8768 (Online)
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