Witryna31 gru 2005 · Data as of December 31, 2005. 1. This classification system is based on members' actual, de facto, arrangements as identified by IMF staff, which may differ … WitrynaThis paper offers a new de facto exchange rate regime classification that draws on the strengths of three popular classifications. Its two hallmarks are the careful treatment of a nexus between exchange ... 2 For more on the evolution of categories used in the IMF’s classification see, e.g., Klein and Shambaugh (2010, pp. 31-36) or Habermeier ...
EXCHANGE RATE POLICY, EXTERNAL ADJUSTMENT, AND GROWTH - IMF
Witrynain selecting an appropriate exchange rate regime. In order to achieve this, the paper is organised as follows: Section 2 introduces the distinct classifications of exchange rate regimes (official exchange rate regimes versus those in practice) and the different theoretical approaches which illustrate how an optimal exchange rate regime is Witryna107 4 South Africa is in this comparison classified as having a floating exchange rate, whereas the other members of the CMA are classified as being in an exchange rate union. 5 The classical texts being Mundell (1961), McKinnon (1963) and Kenen (1969). 106 2 The term “flexible exchange rate regime” is in this paper meant to cover what … immunology with professor robert clancy
Exchange Rate Flexibility: How Should We Measure It?
Witryna1 cze 2014 · Our empirical analysis, based on a novel data set of IMF de jure and de facto exchange rate regime classifications for 146 EMDCs over 1980–2010, finds … Witryna37 min temu · TORONTO, April 14 (Reuters Breakingviews) - Canadian regulators have halted trading in 11 exchange-traded funds after their sponsor, Emerge Canada, failed to file audited financial statements by a deadline of March 31, the Financial Times reported. The highly unusual move is concerning for investors. And not just those trapped in the … WitrynaThis paper questions the traditionally accepted superiority of flexible exchange rate regimes in o↵setting commodity price fluctuations. Employing an updated measure of the commodity terms-of-trade, a comparison of exchange rate regime classifications and more recent data than much of literature supporting this assertion, I find little evidence … immunology wall decorations