[PDF] Determinants Of The Choice Of Exchange Rate Regimes In Six Central American Countries - eBooks Review

Determinants Of The Choice Of Exchange Rate Regimes In Six Central American Countries


Determinants Of The Choice Of Exchange Rate Regimes In Six Central American Countries
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Determinants Of The Choice Of Exchange Rate Regimes In Six Central American Countries


Determinants Of The Choice Of Exchange Rate Regimes In Six Central American Countries
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Author : Mr.Michael G. Papaioannou
language : en
Publisher: International Monetary Fund
Release Date : 2003-03-01

Determinants Of The Choice Of Exchange Rate Regimes In Six Central American Countries written by Mr.Michael G. Papaioannou and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-03-01 with Business & Economics categories.


This paper examines whether decisions about the appropriate exchange rate regime in six Central American countries were based on longer-run economic fundamentals or on the confluence of historical and political circumstances. To uncover any actual relationship both across countries and across time, we estimate several probit and multinomial logit models of exchange rate regime choice with data spanning the period 1974-2001. We find that theoretical long-run determinants, such as trade openness, export share with the major trading partner, economic size, and per capita income, are adequate, but not robust, predictors of exchange rate regime choice. However, we were not able to establish a statistically significant association between the terms of trade fluctuations or capital account openness and a particular regime in any specification using our sample.



Exchange Rate Regimes


Exchange Rate Regimes
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Author : I. Moosa
language : en
Publisher: Springer
Release Date : 2006-03-28

Exchange Rate Regimes written by I. Moosa and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-28 with Business & Economics categories.


This book explores the exchange rate regime choice and the role played by the exchange rate in the economy. Approaching the classification of exchange rate regimes from theoretical, practical and historical perspectives, the book discusses pertinent case studies, including the choice of exchange rate regime in the post-conflict case of Iraq.



Currency Politics


Currency Politics
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Author : Jeffry A. Frieden
language : en
Publisher: Princeton University Press
Release Date : 2014-12-28

Currency Politics written by Jeffry A. Frieden and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-28 with Business & Economics categories.


A comprehensive analysis of the politics surrounding exchange rate policies in the global economy—with in-depth case studies. The exchange rate is the most important price in any nation’s economy, and a central factor in the global economy. Despite the critical role of exchange rate policy, there are few definitive explanations of why governments choose the currency policies they do. In Currency Politics, Jeffrey Frieden combines narrative and statistical investigation to offer an enlightening analysis of exchange rate policies around the world. Many industries seek to influence politicians on currency policy. Frieden shows how each industry’s characteristics—including its exposure to currency risk and the price effects of exchange rate movements—determine their policy preferences. Frieden then evaluates the accuracy of his theoretical arguments in a variety of historical and geographical settings. He looks at the politics of the gold standard, particularly in the United States, and he examines the political economy of European monetary integration. Frieden also analyzes the politics of Latin American currency policy over the past forty years, and focuses on the daunting currency crises that have frequently debilitated Latin American nations, including Mexico, Argentina, and Brazil.



Global Politics Of Regionalism


Global Politics Of Regionalism
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Author : Mary Farrell
language : en
Publisher: Pluto Books
Release Date : 2005-08-20

Global Politics Of Regionalism written by Mary Farrell and has been published by Pluto Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-20 with Science categories.


This book explores the phenomenon of regionalism. In a seeming contradiction to globalization, there is a growing tendency for countries to enter into regional arrangements as a response to the pressures of operating in a global marketplace. But regionalism is also emerging as a phenomenon in its own right, serving distinct purposes and taking different forms in different areas. The contributors explore how these patterns impact on wider issues such as global governance, democracy and trade. The book reviews the major theoretical approaches to regional cooperation including perspectives from international relations, political economy, economics and sociology. It is divided into three main sections: theoretical approaches to regionalism; issues of regional cooperation (such as security, monetary issues, identity and integration); and an exploration of specific case studies including the Middle East, Africa, the Americas, China, Europe, Asia and the Pacific. With an international range of contributors, including Bjorn Hettne, Louise Fawcett and Andrew Hurrell, this in-depth and multi-disciplinary guide will be of interest to students across the social sciences and to the wider policy community.



Imf Research Bulletin


Imf Research Bulletin
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Author :
language : en
Publisher:
Release Date : 2000

Imf Research Bulletin written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with International finance categories.




Inflation Targeting In The World Economy


Inflation Targeting In The World Economy
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Author : Edwin M Truman
language : en
Publisher: Columbia University Press
Release Date : 2003-10-27

Inflation Targeting In The World Economy written by Edwin M Truman and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10-27 with Business & Economics categories.


This study reviews the literature on the contribution of low inflation to economic growth and the subsequent widespread adoption of inflation targeting as a monetary policy framework. Edwin Truman addresses the challenges and risks associated with such a framework. Building on these foundations, the study focuses on two major international economic policy issues: (1) the implications of differing national regimes of inflation targeting for international economic policy cooperation; and (2) the adoption of inflation targeting by emerging-market economies which often lack stable monetary policy environments and credible policy authorities—a situation which, among other things, can complicate the use of the inflation targeting framework as the basis for IMF-supported stabilization programs.



Publications Catalog


Publications Catalog
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 2004

Publications Catalog written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with International finance categories.




Imf Survey


Imf Survey
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 2003

Imf Survey written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with International finance categories.




Market Volatility And Foreign Exchange Intervention In Emes


Market Volatility And Foreign Exchange Intervention In Emes
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Author : Banco de Pagos Internacionales (Basilea, Suiza). Departamento Monetario y Económico
language : es
Publisher:
Release Date : 2013

Market Volatility And Foreign Exchange Intervention In Emes written by Banco de Pagos Internacionales (Basilea, Suiza). Departamento Monetario y Económico and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Banks and banking, Central categories.




Exchange Rate Misalignment


Exchange Rate Misalignment
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Author : Lawrence E. Hinkle
language : en
Publisher: World Bank Publications
Release Date : 1999

Exchange Rate Misalignment written by Lawrence E. Hinkle and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.


Exchange Rate Misalignment examines the severe dislocations that can be caused by exchange rate misalignment and shows how there is no systematic guidance on the definitions and measurement of prevention. It explores how recent macroeconomic disruptions support the argument that growing financial integration has increased the need for providing accurate measures of long-run equilibrium exchange rates.