Hidden Bibliographic Details
| Other authors / contributors: | Ötker, İnci.
International Monetary Fund. Monetary and Exchange Affairs Department.
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| ISBN: | 1282035371
9781282035379
1451902484
9781451902488
1462308503
9781462308507
1451991436
9781451991437
9786613796882
6613796883
9781451857320
1451857322
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| Notes: | Includes bibliographical references (pages 42-44).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This paper presents a monthly database on de facto exchange rate regimes that covers all IMF members since 1990. Information from IMF country reports and other sources, including exchange rate data, is utilized to determine de facto exchange rate policies. Countries are categorized based on these policies using the IMF nomenclature adopted in 1999. This approach ensures the forward compatibility of the database. The database is then used to examine whether the "bipolar view" of exchange regimes holds with de facto regimes. It is found that the proportion of countries adopting "intermediate" regimes has indeed been shrinking in favor of greater flexibility or greater fixity, especially for countries more integrated with international markets. Analyses based on Markov chains of regime transitions, however, provide (mixed) evidence against the bipolar view.
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| Other form: | Print version: Bubula, Andrea. Evolution of exchange rate regimes since 1990. [Washington, D.C.] : International Monetary Fund, ©2002
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| Standard no.: | 10.5089/9781451902488.001
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