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Friedman Redux

Friedman Redux »

Source: Friedman Redux : External Adjustment and Exchange Rate Flexibility

Volume/Issue: 2014/146

Series: IMF Working Papers

Author(s): Atish Ghosh , Mahvash Qureshi , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 August 2014

ISBN: 9781498359245

Keywords: external dynamics, exchange rate, exchange rate regime, bilateral exchange rate, exchange rate flexibility, International Monetary Arrangements and Institutions, Open Economy Macroeconomics,

Milton Friedman argued that flexible exchange rates would facilitate external adjustment. Recent studies find surprisingly little robust evidence that they do. We argue that this is because they use composite (or a...

Friedman Redux
			: External Adjustment and Exchange Rate Flexibility

Friedman Redux : External Adjustment and Exchange Rate Flexibility »

Volume/Issue: 2014/146

Series: IMF Working Papers

Author(s): Atish Ghosh , Mahvash Qureshi , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 August 2014

DOI: http://dx.doi.org/10.5089/9781498359245.001

ISBN: 9781498359245

Keywords: external dynamics, exchange rate, exchange rate regime, bilateral exchange rate, exchange rate flexibility, International Monetary Arrangements and Institutions, Open Economy Macroeconomics,

Milton Friedman argued that flexible exchange rates would facilitate external adjustment. Recent studies find surprisingly little robust evidence that they do. We argue that this is because they use composite (or a...

Stabilization in the Baltic Countries
			: A Comparative Analysis

Stabilization in the Baltic Countries : A Comparative Analysis »

Volume/Issue: 1995/44

Series: IMF Working Papers

Author(s): Tapio Saavalainen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1995

DOI: http://dx.doi.org/10.5089/9781451974683.001

ISBN: 9781451974683

Keywords: exchange rate, real exchange rate, exchange rate regime, monetary fund

The Baltic countries began their stabilization and reform process in earnest in mid-1992. During the first two and a half years of reform, these countries have made significant progress in macroeconomic stabilizati...

Stabilization in the Baltic Countries

Stabilization in the Baltic Countries »

Source: Stabilization in the Baltic Countries : A Comparative Analysis

Volume/Issue: 1995/44

Series: IMF Working Papers

Author(s): Tapio Saavalainen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1995

ISBN: 9781451974683

Keywords: exchange rate, real exchange rate, exchange rate regime, monetary fund

The Baltic countries began their stabilization and reform process in earnest in mid-1992. During the first two and a half years of reform, these countries have made significant progress in macroeconomic stabilizati...