Moosa, Imad; Naughton, Tony; Li, Larry - In: Economia Internazionale / International Economics 62 (2009) 1, pp. 41-67
An attempt is made to verify the exchange rate regime that China has been following since 21 July 2005 when a policy shift was implemented, presumably taking China from a dollar peg to a basket peg. The results show that while a regime of simple and strict dollar peg has indeed been abandoned,...
