Dornbusch's overshooting model after twenty-five years /

This paper investigates the determinants of exchange rate regime choice in 93 countries during 1990-98. Cross-country analysis of variations in international reserves and nominal exchange rates shows that (i) truly fixed pegs and independent floats differ significantly from other regimes and (ii) si...

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Bibliographic Details
Main Author: Rogoff, Kenneth, 1953-
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002
Series:IMF working paper ; no. WP/02/39
Subjects:
Online Access:http://www.imf.org/external/pubs/ft/wp/2002/wp0239.pdf