| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP812 |
| DP812 The Endogeneity of Exchange Rate Regimes | |
| [unavailable] | |
| 发表日期 | 1993-08-31 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | The international monetary system has passed through a succession of phases characterized alternatively by the dominance of fixed and flexible exchange rates. How are these repeated shifts between fixed and flexible rate regimes to be understood? The present paper specifies and tests six hypotheses with the capacity to explain the alternating phases of fixed and flexible exchange rates into which the last century can be partitioned. The evidence provides support for a number of the hypotheses considered. In this sense it confirms that monocausal explanations are unlikely to provide an adequate account of the endogeneity of exchange rate regimes. |
| 主题 | International Macroeconomics |
| 关键词 | Exchange rates Regimes |
| URL | https://cepr.org/publications/dp812 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529975 |
| 推荐引用方式 GB/T 7714 | [unavailable]. DP812 The Endogeneity of Exchange Rate Regimes. 1993. |
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