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The Game of Anchors

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Source: The Game of Anchors : Studying the Causes of Currency Crises in Belarus

Volume/Issue: 2015/281

Series: IMF Working Papers

Author(s): Alex Miksjuk , Sam Ouliaris , and Mikhail Pranovich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 December 2015

ISBN: 9781498342728

Keywords: currency crisis, exchange rate policies, currency, exchange rate, monetary policy, currency crises, economy, Time-Series Models, Monetary Policy (Targets, Instruments

Belarus experienced a sequence of currency crises during 2009-2014. Our empirical results, based on a structural econometric model, suggest that the activist wage policy and extensive state program lending (SPL) co...

The Game of Anchors
			: Studying the Causes of Currency Crises in Belarus

The Game of Anchors : Studying the Causes of Currency Crises in Belarus »

Volume/Issue: 2015/281

Series: IMF Working Papers

Author(s): Alex Miksjuk , Sam Ouliaris , and Mikhail Pranovich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 December 2015

DOI: http://dx.doi.org/10.5089/9781498342728.001

ISBN: 9781498342728

Keywords: currency crisis, exchange rate policies, currency, exchange rate, monetary policy, currency crises, economy, Time-Series Models, Monetary Policy (Targets, Instruments

Belarus experienced a sequence of currency crises during 2009-2014. Our empirical results, based on a structural econometric model, suggest that the activist wage policy and extensive state program lending (SPL) co...