Browse

You are looking at 1 - 4 of 4 items :

  • Money and Monetary Policy x
Clear All
Credibility and Exchange Rate Management in Developing Countries

Credibility and Exchange Rate Management in Developing Countries »

Source: Credibility and Exchange Rate Management in Developing Countries

Volume/Issue: 1991/87

Series: IMF Working Papers

Author(s): Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1991

ISBN: 9781451850925

Keywords: exchange rate, inflation, fixed exchange rate, real exchange rate, nominal exchange rate

The paper examines the role of credibility in the conduct of exchange rate policy in developing countries, The analysis is based on a model in which policymakers are concerned about inflation and external competiti...

Credibility and Exchange Rate Management in Developing Countries

Credibility and Exchange Rate Management in Developing Countries »

Volume/Issue: 1991/87

Series: IMF Working Papers

Author(s): Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1991

DOI: http://dx.doi.org/10.5089/9781451850925.001

ISBN: 9781451850925

Keywords: exchange rate, inflation, fixed exchange rate, real exchange rate, nominal exchange rate

The paper examines the role of credibility in the conduct of exchange rate policy in developing countries, The analysis is based on a model in which policymakers are concerned about inflation and external competiti...

Soft Exchange Rate Bands and Speculative Attacks
			: Theory, and Evidence from the ERM since August 1993

Soft Exchange Rate Bands and Speculative Attacks : Theory, and Evidence from the ERM since August 1993 »

Volume/Issue: 1998/156

Series: IMF Working Papers

Author(s): Leonardo Bartolini , and Alessandro Prati

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1998

DOI: http://dx.doi.org/10.5089/9781451857375.001

ISBN: 9781451857375

Keywords: Exchange rate target zones, speculative attacks, exchange rate, exchange rates, equation, exchange rate target, currency markets

We present a model of a “soft” exchange rate target zone and interpret it as a stylized description of the post-August 1993 ERM. Our central bank targets a moving average of the current and past excha...

Soft Exchange Rate Bands and Speculative Attacks

Soft Exchange Rate Bands and Speculative Attacks »

Source: Soft Exchange Rate Bands and Speculative Attacks : Theory, and Evidence from the ERM since August 1993

Volume/Issue: 1998/156

Series: IMF Working Papers

Author(s): Leonardo Bartolini , and Alessandro Prati

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1998

ISBN: 9781451857375

Keywords: Exchange rate target zones, speculative attacks, exchange rate, exchange rates, equation, exchange rate target, currency markets

We present a model of a “soft” exchange rate target zone and interpret it as a stylized description of the post-August 1993 ERM. Our central bank targets a moving average of the current and past excha...