Chow, Hwee Kwan; Lim, G.C.; McNelis, Paul D. - In: Journal of Asian Economics 30 (2014) C, pp. 63-81
A DSGE–VAR approach was adopted to examine the managed exchange-rate system at work in Singapore and to ask if the country had any reason to fear floating the exchange rate and adopting a Taylor rule. The results showed that, in terms of overall inflation volatility, the exchange rate rule had...
