Arnold, Ivo J. M. (contributor); … - 2007
IMF Support and Inter-regime Exchange rate Volatility
Ivo J.M. Arnold
∗
Universiteit Nyenrode, Breukelen …
data and conclude that the disparity between the fundamentals and exchange rate
volatility is more apparent than real … variables’ volatility under fixed
exchange rates. We show that IMF credit support is a crucial compensating
variable …