Will You Buy My Peg? the Credibility of a Fixed Exchange Rate Regime As a Determinant of Bilateral Trade »
Series: IMF Working Papers
Author(s): Emilia Jurzyk , and Bernhard Fritz-Krockow
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2004
Keywords: Exchange rate regime, gravity model, exchange rate peg, exchange rate, bilateral trade, fixed exchange rate, exchange rate regimes, International Monetary Arrangements and Institutions,
This paper examines the relationship between fixed exchange rate arrangements and trade using a gravity model of international trade together with bilateral trade data from 24 countries from the Caribbean and Latin...