Who cares about volatility? A tale of two exchange-rate systems
On an international level, countries often engage in vigorous debate about which type of exchange-rate system to follow – fixed or flexible? A question central to that debate is: Does one particular exchange-rate system promote a more stable economic environment?
Volume (Year): (2001)
Issue (Month): Q1 ()
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- Betts, Caroline & Devereux, Michael B., 2000. "Exchange rate dynamics in a model of pricing-to-market," Journal of International Economics, Elsevier, vol. 50(1), pages 215-244, February.
- Baxter, M. & Stockman, A.C., 1988.
"Business Cycles And The Exchange Rate System: Some International Evidence,"
RCER Working Papers
140, University of Rochester - Center for Economic Research (RCER).
- Marianne Baxter & Alan C. Stockman, 1988. "Business Cycles and the Exchange Rate System: Some International Evidence," NBER Working Papers 2689, National Bureau of Economic Research, Inc.
- David K. Backus & Patrick J. Kehoe & Finn E. Kydland, 1991.
"International real business cycles,"
146, Federal Reserve Bank of Minneapolis.
- Michael D. Bordo & Barry Eichengreen, 1993. "A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform," NBER Books, National Bureau of Economic Research, Inc, number bord93-1, March.
- Baxter, Marianne & Stockman, Alan C., 1989. "Business cycles and the exchange-rate regime : Some international evidence," Journal of Monetary Economics, Elsevier, vol. 23(3), pages 377-400, May.
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