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EXCHANGE RATE STABILITY AND MANAGED FLOATING: A REINTERPRETATION OF THE GERMAN EVIDENCE

โœ Scribed by JOHN PIPPENGER

Book ID
115202331
Publisher
Oxford University Press
Year
1979
Tongue
English
Weight
161 KB
Volume
17
Category
Article
ISSN
0095-2583

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๐Ÿ“œ SIMILAR VOLUMES

The stabilization properties of fixed an
The stabilization properties of fixed and floating exchange rate regimes
โœ Keith Pilbeam ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 133 KB

## Abstract This paper investigates the price and output stabilization properties of fixed and floating exchange rates using a small open economy model. The performance of the two regimes is compared in the face of money demand, aggregate demand and aggregate supply shocks. It is shown that the ran