Characteristics of a Successful Exchange Rate System

Abstract

This study identifies the key characteristics of a successful exchange rate system. It focuses on regimes in the industrial countries and consider the implications for the operation of the international monetary system.

Author:
Mr. Paul R Masson
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Mr. Morris Goldstein https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Jacob A. Frenkel https://isni.org/isni/0000000404811396 International Monetary Fund

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