shifting to either a basket peg or a floating regime following the PRC's transition to a basket peg regime? (ii) How and when … Singapore. Finally, a sudden shift to a floating regime is even worse than maintaining a dollar peg in both countries. …

basket peg, or to a floating regime, and obtains transition paths for the shift based on a dynamic stochastic general … Thailand and find that a small open country would be better off shifting to a basket peg or to a floating regime than … higher under a shift to a basket peg if the exchange rate fluctuates significantly. Finally, shifting to a managed-floating …

basket peg, or to a floating regime, and obtains transition paths for the shift based on a dynamic stochastic general … Thailand and find that a small open country would be better off shifting to a basket peg or to a floating regime than … higher under a shift to a basket peg if the exchange rate fluctuates significantly. Finally, shifting to a managed-floating …

shifting to either a basket peg or a floating regime following the PRC's transition to a basket peg regime? (ii) How and when … Singapore. Finally, a sudden shift to a floating regime is even worse than maintaining a dollar peg in both countries. …

basket peg, or to a floating regime, and obtains transition paths for the shift based on a dynamic stochastic general … Thailand and find that a small open country would be better off shifting to a basket peg or to a floating regime than … higher under a shift to a basket peg if the exchange rate fluctuates significantly. Finally, shifting to a managed-floating …

shifting to either a basket peg or a floating regime following the PRC's transition to a basket peg regime? (ii) How and when … Singapore. Finally, a sudden shift to a floating regime is even worse than maintaining a dollar peg in both countries. …

floating regime with the interest rate rule or the money supply rule in small open economies, during periods when volatility of …-peg or a floating regime over the medium term. A shift to a basket-peg regime is preferred when exchange rate fluctuations …

construct four transition policies toward the basket-peg or floating regime and compare the welfare gains of these policies to … second-best solution. This is preferable to a sudden shift to a floating regime, since it would enable the authorities to …

floating regime with the interest rate rule or the money supply rule in small open economies, during periods when volatility of …-peg or a floating regime over the medium term. A shift to a basket-peg regime is preferred when exchange rate fluctuations …

floating regime with the interest rate rule or the money supply rule in small open economies, during periods when volatility of …-peg or a floating regime over the medium term. A shift to a basket-peg regime is preferred when exchange rate fluctuations …