Hidden Bibliographic Details
Other authors / contributors: | Ghosh, Atish R., author.
Gulde, Anne-Marie, author.
Ostry, Jonathan David, 1962- author.
Wolf, Holger C., author.
Driscoll, David D., editor.
International Monetary Fund, issuing body.
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ISBN: | 9781455219407 1455219401 1557756147 9781557756145 1455265055 9781455265053 1455282049 9781455282043
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Notes: | Edited by David D. Driscoll. The following paper draws on material originally contained in IMF Working Paper 95/121, "Does the Nominal Exchange Rate Regime Matter?", by Atish R. Ghosh, Anne-Marie Gulde, Johathan D. Ostry, and Holger Wolf. David D. Driscoll of the Fund's External Relations Department provided editorial assistance--preface. "September 1996"--Title page verso. Includes bibliographical references (page 13). English. Print version record.
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Summary: | Although the theoretical relationships are ambiguous, evidence suggests a strong link between the choice of the exchange rate regime and economic performance. The paper argues that adopting a pegged exchange rate can lead to lower inflation, but also to slower growth in productivity. It finds that on average per capita GDP growth was slightly faster underfloating regimes than under pegged exchange regimes.
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Other form: | Print version: Does the exchange rate regime matter for inflation and growth? Washington, D.C. : International Monetary Fund, ©1996 1557756147
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