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Choosing an Exchange Rate Regime
			: The Challenge for Smaller Industrial Countries

Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

DOI: http://dx.doi.org/10.5089/9781557751331.071

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

This collection of papers, edited by Victor Argy and Paul De Grauwe, examines issues surrounding the choice of exchange rate regime in smaller industrial countries. It contains a comprehensive summary by Jacques J....

Back Matter

Back Matter »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

This collection of papers, edited by Victor Argy and Paul De Grauwe, examines issues surrounding the choice of exchange rate regime in smaller industrial countries. It contains a comprehensive summary by Jacques J....

Front Matter

Front Matter »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

This collection of papers, edited by Victor Argy and Paul De Grauwe, examines issues surrounding the choice of exchange rate regime in smaller industrial countries. It contains a comprehensive summary by Jacques J....

The Credibility of the United Kingdom's Commitment to the Erm

The Credibility of the United Kingdom's Commitment to the Erm »

Source: The Credibility of the United Kingdom's Commitment to the Erm : Intentions Versus Actions

Volume/Issue: 1994/147

Series: IMF Working Papers

Author(s): Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1994

ISBN: 9781451856682

Keywords: EMS, monetary policy, exchange rates, unemployment, probability, equation, employment, equations

The paper presents estimates of a model of the credibility of the U.K. commitment to its central parity against the deutsche mark during the period of U.K. ERM membership (1990-92). The measure of credibility used...

Croatia

Croatia »

Source: Croatia : Recent Economic Developments

Volume/Issue: 1995/131

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 January 1996

ISBN: 9781451817225

Keywords: foreign exchange, wages, wage, salaries, national bank

This paper reviews economic developments in the Republic of Croatia during 1990-95. Real gross domestic product fell by a cumulative 30 percent over 1991-93. However, the economy began to recover in 1994 and real G...

The Decline of Traditional Sectors in Israel

The Decline of Traditional Sectors in Israel »

Source: The Decline of Traditional Sectors in Israel : The Role of the Exchange Rate and the Minimum Wage

Volume/Issue: 1998/167

Series: IMF Working Papers

Author(s): Eric Clifton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1998

ISBN: 9781451858150

Keywords: exchange rate, minimum wage, wage, wages, exchange rate appreciation

This paper examines the role of exchange rate appreciation and the minimum wage in the relative decline of traditional sectors in Israel. It finds little evidence to indicate that real exchange rate appreciation is...

The Distributional Consequences of Real Exchange Rate Adjustment

The Distributional Consequences of Real Exchange Rate Adjustment »

Source: The Distributional Consequences of Real Exchange Rate Adjustment

Volume/Issue: 2003/133

Series: IMF Working Papers

Author(s): Vladimir Klyuev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2003

ISBN: 9781451855517

Keywords: real exchange rate, wage, exchange rate, wage rate, Open Economy Macroeconomics, Capitalist Systems: Political Economy,

The paper focuses on distributional consequences of macroeconomic adjustment. The preferences of economic agents over the level of the real exchange rate derived from standard models are monotonic, with agents favo...

4. Drivers of Capital Flows and the Role of the Investor Base in Latin America

4. Drivers of Capital Flows and the Role of the Investor Base in Latin America »

Source: Regional Economic Outlook, April 2017, Western Hemisphere Department : Tale of Two Adjustments

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 May 2017

ISBN: 9781475575224

Keywords: Economic integration, Economic growth, Development, Fiscal policy, Flexible exchange rates, Economic policy, Regional economics, emerge market economy, commodity price, emerge market

Following a decade of strong capital inflows, Latin America is now experiencing weaker economic growth and financial inflows accompanying the end of the commodity super-cycle. Global factors, no...

Equilibrium Exchange Rates in Transition Economies

Equilibrium Exchange Rates in Transition Economies »

Source: Equilibrium Exchange Rates in Transition Economies

Volume/Issue: 1996/125

Series: IMF Working Papers

Author(s): Lionel Halpern , and Charles Wyplosz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1996

ISBN: 9781451854794

Keywords: exchange rate, wage, real exchange rate, wages, exchange rates

A stylized fact of the transition process is an early profound exchange rate depreciation followed by continuing real appreciation. Absent historical reference points, it is difficult to judge whether the real appr...

Exchange Rates and Wages in an Integrated World

Exchange Rates and Wages in an Integrated World »

Source: Exchange Rates and Wages in an Integrated World

Volume/Issue: 2009/44

Series: IMF Working Papers

Author(s): Antonio Spilimbergo , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451871920

Keywords: labor market integration, exchange rate, wage, real exchange rate,

We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981-2005, we find...