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An introduction to currency boards

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Author Info
Owen F. Humpage
Jean M. McIntire
Abstract

A look at the pros and cons of currency boards as an institution for providing monetary credibility in developing countries.

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File URL: http://clevelandfed.org/Research/Review/1995/95-q2-humpage.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Cleveland in its journal Economic Review.

Volume (Year): (1995)
Issue (Month): Q II ()
Pages: 2-11
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Handle: RePEc:fip:fedcer:y:1995:i:qii:p:2-11

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Related research
Keywords: Currency boards ; Money ; Monetary policy;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Goodhart, C A E, 1987. "Why Do Banks Need a Central Bank?," Oxford Economic Papers, Oxford University Press, vol. 39(1), pages 75-89, March. [Downloadable!] (restricted)
  2. Norman S. Fieleke, 1992. "The quest for sound money: currency boards to the rescue," New England Economic Review, Federal Reserve Bank of Boston, issue Nov, pages 14-24.
  3. Frenkel, Jacob A. & Mussa, Michael L., 1985. "Asset markets, exchange rates and the balance of payments," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 2, chapter 14, pages 679-747 Elsevier. [Downloadable!] (restricted)
  4. Jacob A. Frenkel & Michael L. Mussa, 1985. "Asset Markets, Exchange Rates and the Balance of Payments," NBER Working Papers 1287, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Schwartz, Anna J., 1993. "Currency boards: their past, present, and possible future role," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 147-187, December. [Downloadable!] (restricted)
  6. Guillermo Calvo & Carlos A. Végh Gramont, 1992. "Currency Substitution in Developing Countries - An Introduction," IMF Working Papers 92/40, International Monetary Fund.
  7. Maxwell J. Fry, 1993. "The Fiscal Abuse of Central Banks," IMF Working Papers 93/58, International Monetary Fund.
  8. Adam Bennett, 1993. "The Operation of the Estonian Currency Board," IMF Policy Discussion Papers 92/3, International Monetary Fund.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Joseph A. Whitt, Jr., 1996. "The Mexican peso crisis," Economic Review, Federal Reserve Bank of Atlanta, issue Jan, pages 1-20. [Downloadable!]
  2. Marco Espinosa & Steven Russell, 1996. "The Mexican economic crisis: alternative views," Economic Review, Federal Reserve Bank of Atlanta, issue Jan, pages 21-44. [Downloadable!]
  3. Márcio Valério Ronci & Misa Takebe & Nisreen Farhan & Amar Shanghavi & Jian-Ye Wang, 2008. "The Choice of Monetary and Exchange Rate Arrangements for a Small, Open, Low-Income Economy: The Case of Sao Tome and Principe," IMF Working Papers 08/118, International Monetary Fund. [Downloadable!]
  4. Iyabo Masha & Kazuko Shirono & Leighton Harris & Jian-Ye Wang, 2007. "The Common Monetary Area in Southern Africa: Shocks, Adjustment, and Policy Challenges," IMF Working Papers 07/158, International Monetary Fund. [Downloadable!]
  5. Carlos E. Zarazaga, 1995. "Argentina, Mexico, and currency boards: another case of rules versus discretion," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q IV, pages 14-24. [Downloadable!]
  6. Jutta Maute, 2002. "Stabilization via Currency Board," Violette Reihe Arbeitspapiere 18-2002, Promotionsschwerpunkt Globalisierung und Beschaeftigung, revised Jun 2002. [Downloadable!]
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