Exchange Rate Regimes in the Modern Era
AbstractThe exchange rate is sometimes called the most important price in a highly globalized world. A country's choice between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence. Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes since 1973, identifying the period following the Bretton Woods Agreement (which itself followed the pre-World War I gold standard era) as "the modern era" in international exchange rate regimes. The modern era is marked by a wide variety of experiences with exchange rate regimes, both across and within countries, providing a rich body of data for studying the economic effects of these exchange rate regimes. Klein and Shambaugh offer a comprehensive, integrated treatment of the period. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions about exchange rate regimes and their effects.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoThis book is provided by The MIT Press in its series MIT Press Books with number 0262013657 and published in 2010.
Contact details of provider:
Web page: http://mitpress.mit.edu
exchange rate regimes;
Other versions of this item:
- F31 - International Economics - - International Finance - - - Foreign Exchange
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jake Furbush).
If references are entirely missing, you can add them using this form.