Chong, Terence Tai Leung; Wong, Kin Ming - Volkswirtschaftliche Fakultät, … - 2015
There is a large literature on the effect of exchange rate arrangements on trade. The monetary policy used in the … floating exchange rate regime, however, is usually ignored and unidentified in the empirical studies. This makes the effect of … of two well-defined monetary policy regimes, namely exchange-rate targeting and inflation targeting regimes, on bilateral …