Does the exchange rate regime matter for inflation and growth? / Atish R. Ghosh, Ann-Marie Gulde, Jonathan D. Ostry, Holger Wolf.
Material type:
TextSeries: Economic issues (International Monetary Fund) ; 2.Publisher: Washington, D.C. : International Monetary Fund, 1996Copyright date: ©1996Description: 1 online resource (iii, 13 pages) : illustrationsContent type: - text
- computer
- online resource
- 9781455219407
- 1455219401
- 1455265055
- 9781455265053
- 1455282049
- 9781455282043
- Foreign exchange rates -- Econometric models
- Inflation (Finance) -- Econometric models
- Gross domestic product -- Econometric models
- Taux de change -- Modèles économétriques
- Inflation -- Modèles économétriques
- Produit intérieur brut -- Modèles économétriques
- BUSINESS & ECONOMICS -- Foreign Exchange
- Foreign exchange rates -- Econometric models
- Gross domestic product -- Econometric models
- Inflation (Finance) -- Econometric models
- 332.456015118 22
- HG3823 .D638 1996eb
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eBook
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e-Library | EBSCO Business | Available |
Edited by David D. Driscoll.
The following paper draws on material originally contained in IMF Working Paper 95/121, "Does the Nominal Exchange Rate Regime Matter?", by Atish R. Ghosh, Anne-Marie Gulde, Johathan D. Ostry, and Holger Wolf. David D. Driscoll of the Fund's External Relations Department provided editorial assistance--preface.
"September 1996"--Title page verso.
Includes bibliographical references (page 13).
Although the theoretical relationships are ambiguous, evidence suggests a strong link between the choice of the exchange rate regime and economic performance. The paper argues that adopting a pegged exchange rate can lead to lower inflation, but also to slower growth in productivity. It finds that on average per capita GDP growth was slightly faster underfloating regimes than under pegged exchange regimes.
Print version record.
English.
Added to collection customer.56279.3