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来源类型Working Paper
规范类型报告
DOI10.3386/w23135
来源IDWorking Paper 23135
The Country Chronologies to Exchange Rate Arrangements into the 21st Century: Will the Anchor Currency Hold?
Ethan Ilzetzki; Carmen M. Reinhart; Kenneth S. Rogoff
发表日期2017-02-06
出版年2017
语种英语
摘要Detailed country-by-country chronologies are an informative companion piece to our paper “Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?,” which provides a comprehensive history of anchor or reference currencies, exchange rate arrangements, and a new measure of foreign exchange restrictions for 194 countries and territories over 1946-2016. The individual country chronologies are also a central component of our approach to classifying regimes. These country histories date dual or multiple exchange rate episodes, as well as to differentiate between pre-announced pegs, crawling pegs, and bands from their de facto counterparts. We think it is important to distinguish between say, de facto pegs or bands from announced pegs or bands, because their properties are potentially different. The chronologies also flag the dates for important turning points, such as when the exchange rate first floated, or when the anchor currency was changed. We extend our chronologies as far back as possible, even though we only classify regimes from 1946 onwards.
主题Macroeconomics ; Monetary Policy ; International Economics ; International Finance ; International Macroeconomics ; History ; Financial History
URLhttps://www.nber.org/papers/w23135
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580809
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Ethan Ilzetzki,Carmen M. Reinhart,Kenneth S. Rogoff. The Country Chronologies to Exchange Rate Arrangements into the 21st Century: Will the Anchor Currency Hold?. 2017.
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