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Exchange Rate Choices of Microstates

Exchange Rate Choices of Microstates »

Source: Exchange Rate Choices of Microstates

Volume/Issue: 2010/12

Series: IMF Working Papers

Author(s): Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2010

ISBN: 9781451962000

Keywords: Micro-states, Currency board, Fixed exchange rate, Geweke- Hajivassiliou-Keane Multivariate Simulator, exchange rate, inflation, central bank, Geweke-hajivassiliou-keane Multivariate Simulator,

In this paper we first explain why most microstates (countries with less than 2 million inhabitants) have gained independence only in the last 30 years. Despite the higher costs and risks microstates face, their ab...

Exchange Rate Choices of Microstates

Exchange Rate Choices of Microstates »

Volume/Issue: 2010/12

Series: IMF Working Papers

Author(s): Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2010

DOI: http://dx.doi.org/10.5089/9781451962000.001

ISBN: 9781451962000

Keywords: Micro-states, Currency board, Fixed exchange rate, Geweke- Hajivassiliou-Keane Multivariate Simulator, exchange rate, inflation, central bank, Geweke-hajivassiliou-keane Multivariate Simulator,

In this paper we first explain why most microstates (countries with less than 2 million inhabitants) have gained independence only in the last 30 years. Despite the higher costs and risks microstates face, their ab...

The Transfer Problem Revisited
			: Net Foreign Assets and Real Exchange Rates

The Transfer Problem Revisited : Net Foreign Assets and Real Exchange Rates »

Volume/Issue: 2000/123

Series: IMF Working Papers

Author(s): Gian Milesi-Ferretti , and Philip Lane

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

DOI: http://dx.doi.org/10.5089/9781451854602.001

ISBN: 9781451854602

Keywords: Real exchange rates, net foreign assets, exchange rates, exchange rate, real exchange rate, foreign assets

The relationship between international payments and the real exchange rate—the “transfer problem”—is a classic question in international economics. We use new data on countries’ n...

The Transfer Problem Revisited

The Transfer Problem Revisited »

Source: The Transfer Problem Revisited : Net Foreign Assets and Real Exchange Rates

Volume/Issue: 2000/123

Series: IMF Working Papers

Author(s): Gian Milesi-Ferretti , and Philip Lane

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

ISBN: 9781451854602

Keywords: Real exchange rates, net foreign assets, exchange rates, exchange rate, real exchange rate, foreign assets

The relationship between international payments and the real exchange rate—the “transfer problem”—is a classic question in international economics. We use new data on countries’ n...