The Choice of Exchange Rate Regimes in the MENA Countries: a Probit Analysis

This paper analysis the choice of exchange regimes of 17 economies in the MENA region for the period 1990-2000. For this purpose we use both de jure and de facto regime classifications and estimate a series of binomial and multinomial probit models. Regressions results highlight the important influence of economic development and international reserve levels on exchange regime selection.

MoreLess

Year of publication:	2007-11-01
Authors:	Daly, Sfia
Institutions:	William Davidson Institute, University of Michigan
Subject:	Exchange regime choice \| MENA countries \| probit model

More details

Series:	William Davidson Institute Working Papers Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number wp899
Classification:	C25 - Discrete Regression and Qualitative Choice Models ; F33 - International Monetary Arrangements and Institutions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005677586