Evolution and Performance of Exchange Rate Regimes /

Using recent advances in the classification of exchange rate regimes, this paper finds no support for the popular bipolar view that countries will tend over time to move to the polar extremes of free float or rigid peg. Rather, intermediate regimes have shown remarkable durability. The analysis sugg...

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Bibliographic Details
Main Author: Husain, Aasim
Other Authors: Brooks, Robin, Mody, Ashoka, Oomes, Nienke, Rogoff, Kenneth
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003
Series:IMF Working Papers; Working Paper ; No. 2003/243
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