Series: IMF Working Papers
Author(s): Helene Poirson Ward
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2001
Keywords: optimal currency areas, exchange rate, exchange rate regime, exchange rate risk, exchange rate flexibility, International Monetary Arrangements and Institutions, International Policy Coordination and Transmission, Economic Development: General,
This paper investigates the determinants of exchange rate regime choice in 93 countries during 1990-98. Cross-country analysis of variations in international reserves and nominal exchange rates shows that (i) truly...