Does the Exchange Regime Matter for inflation and Growth?

Although the theoretical relationships are ambiguous, evidence suggestsa strong link between the choice of the exchange rate regime and economicperformance. The paper argues that adopting a pegged exchange rate canlead to lower inflation, but also to slower growth in productivity. Itfinds that on average per capita GDP growth was slightly faster underfloating regimes than under pegged exchange regimes

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Year of publication:	1996
Institutions:	International Monetary Fund ; International Monetary Fund (contributor)
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Inflation \| Wirtschaftswachstum \| Economic growth \| Welt \| World \| Theorie \| Theory

Extent:	Online-Ressource (19 p)
Series:	Economic Issues
Type of publication:	Book / Working Paper
Language:	English
ISBN:	1-55775-614-7 ; 978-1-55775-614-5
Other identifiers:	10.5089/9781557756145.051 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014399171