International financial markets’influence on the welfare performanceof alternative exchange rate regimes

In this paper Friedman (1953) and Mundell's (1968) position favouring flexible over alternative exchange rate regimes is reassessed in the context of international financial market integration...

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Year of publication:	2008-12-05
Authors:	Hoffmann, Mathias
Institutions:	Deutsche Bundesbank <Frankfurt, Main> / Volkswirtschaftliche Forschungsgruppe
Subject:	Geldpolitik \| Internationaler Kreditmarkt \| International credit market \| Wirtschaftliche Integration \| Wechselkurstheorie

Table of Contents
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1 Introduction
2 The model
3 International asset markets and exchange rate regimes
4 Conclusion
5 Appendix

Persistent link: https://www.econbiz.de/10005866161