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Discretion with Rules? Lessons from the Currency Board Arrangement in Lithuania

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  • Mr. Wayne W. Camard

Abstract

Discretion with Rules? Lessons from the Currency Board Arrangement in Lithuania

Suggested Citation

  • Mr. Wayne W. Camard, 1996. "Discretion with Rules? Lessons from the Currency Board Arrangement in Lithuania," IMF Policy Discussion Papers 1996/001, International Monetary Fund.
  • Handle: RePEc:imf:imfpdp:1996/001
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    Cited by:

    1. Richard W. Kopcke, 1999. "Currency boards: once and future monetary regimes?," New England Economic Review, Federal Reserve Bank of Boston, issue May, pages 21-37.
    2. Nenovsky Nikolay & Hristov Kalin & Mihaylov Mihail, 2001. "Comparing Currency Board Automatic Mechanism in Bulgaria, Estonia and Lithuania," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 11(4), pages 1-44, December.
    3. SL Mollentze, 2002. "The Suitability Of A Currency Board For An Emerging Market Economy," South African Journal of Economics, Economic Society of South Africa, vol. 70(1), pages 1-28, March.
    4. Iikka Korhonen, 2000. "Currency Boards in the Baltic Countries: What Have We Learned?," Post-Communist Economies, Taylor & Francis Journals, vol. 12(1), pages 25-46.
    5. M. Berlemann & K. Hristov & Nikolay Nenovsky, 2002. "Lending of last resort, moral hazard and twin crises. Lessons from the Bulgarian financial crises 1996/1997," Post-Print halshs-00260052, HAL.
    6. International Monetary Fund, 2002. "Lithuania: History and Future of the Currency Board Arrangement," IMF Working Papers 2002/127, International Monetary Fund.
    7. Jean-François Ponsot, 2000. "Le Currency board : les contraintes de financement et d'ajustement de la convertibilité intégrale," Working Papers hal-01527297, HAL.
    8. de Haan, Jakob & Berger, Helge & van Fraassen, Erik, 2001. "How to reduce inflation: an independent central bank or a currency board? The experience of the Baltic countries," Emerging Markets Review, Elsevier, vol. 2(3), pages 218-243, September.
    9. Nenovsky, Nikolay & Hristov, Kalin, 2002. "The new currency boards and discretion: empirical evidence from Bulgaria," Economic Systems, Elsevier, vol. 26(1), pages 55-72, April.
    10. Nikolay Nenovsky, 2001. "The Currency Board in Estonia, Lithuania and Bulgaria: Comparative Analysis," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 24-45.
    11. Jérôme Blanc & Jean-François Ponsot, 2004. "Crédibilité et currency board : le cas lituanien," Revue d'Économie Financière, Programme National Persée, vol. 75(2), pages 113-127.
    12. Berensmann, Kathrin, 2003. "Monetary policy under currency board arrangements: An necessary flexibility for transition countries?," W.E.P. - Würzburg Economic Papers 44, University of Würzburg, Department of Economics.
    13. Guergana Stanoeva, 2004. "Les caisses d’émission des Pays Baltes et de la Bulgarie : la recherche d’une crédibilité renforcée," Revue d'Économie Financière, Programme National Persée, vol. 75(2), pages 85-112.
    14. PONSOT, Jean-François, 2000. "Le Currency Board : les contraintes de financement et d'ajustement de la convertibilité intégrale," LATEC - Document de travail - Economie (1991-2003) 2000-10, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.

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