Fixed Versus Flexible Exchange Rates: Preliminaries of a Turn-of-Millenium Rematch
dc.contributor.author | Calvo, Guillermo A. | |
dc.date.accessioned | 2007-02-16T20:35:08Z | |
dc.date.available | 2007-02-16T20:35:08Z | |
dc.date.issued | 1999-05-16 | |
dc.description.abstract | This note examines the pros and cons of flexible and fixed exchange rates in terms of a bear-bones model which, however, takes into account features that have played a prominent role in recent currency crises, namely, volatility of capital flows and the real exchange rate, currency substitution and financial fragility, and the Credit Channel. | en |
dc.format.extent | 76918 bytes | |
dc.format.mimetype | application/pdf | |
dc.identifier.uri | http://hdl.handle.net/1903/4295 | |
dc.language.iso | en_US | en |
dc.relation.isAvailableAt | Digital Repository at the University of Maryland | en_us |
dc.relation.isAvailableAt | Economics Department | en_us |
dc.relation.isAvailableAt | College of Behavioral and Social Sciences | en_us |
dc.relation.isAvailableAt | University of Maryland (College Park, Md.) | en_us |
dc.subject | flexible exhange rates | en |
dc.subject | fixed exchange rates | en |
dc.subject | currency crises | en |
dc.subject | volatility | en |
dc.subject | capital flows | en |
dc.subject | real exchange rate | en |
dc.subject | currency substitution | en |
dc.subject | financial fragility | en |
dc.subject | credit channel | en |
dc.title | Fixed Versus Flexible Exchange Rates: Preliminaries of a Turn-of-Millenium Rematch | en |
dc.type | Article | en |
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