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A new assessment of floating exchange rates

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  • Waimann, D. R.

Abstract

The switch to floating exchange rates during the 1970s has given economists the first comprehensive opportunity to assess the arguments for and against floating. Much new work has been done on various aspects of floating exchange rate behaviour. This article attempts a limited survey of the evidence concerning two important issues—whether floating exchange rates are inherently unstable and whether they harm international trade.

Suggested Citation

  • Waimann, D. R., 1981. "A new assessment of floating exchange rates," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 16(6), pages 275-280.
  • Handle: RePEc:zbw:inteco:139772
    DOI: 10.1007/BF02924804
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    Keywords

    Exchange Rates;

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