Abstract
Many studies have attempted to uncover empirical regularities in how countries choose their exchange rate regimes. We survey previous studies showing that, taken as a whole, the literature is inconclusive. Drawing on a large dataset with many potential explanatory variables and a variety of exchange rate regime classifications, we test old and new theories and confirm that no robust empirical regularities emerge.
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CITATION STYLE
APA
Mauro, P., & Juhn, G. (2002). Long-Run Determinants of Exchange Rate Regimes: A Simple Sensitivity Analysis. IMF Working Papers, 02(104), 1. https://doi.org/10.5089/9781451852776.001
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