Korab, Petr Korab (Petr Koráb); Kapounek, Svatopluk - Provozně ekonomická fakulta, Mendelova Univerzita v Brnĕ - 2013
This paper studies the behaviour of inflation rate, short-term interest rate and nominal exchange rate after leaving fixed exchange rate arrangement and move to floating. We find that countries with rigid exchange rate policy, less frequently adjusted central parity and narrow exchange rate...