Hochreiter, Eduard; Korinek, Anton; Siklos, Pierre L. - In: International Journal of Finance & Economics 8 (2003) 4, pp. 327-349
This paper examines the macroeconomic consequences of selecting alternative exchange rate regimes of countries in three regions. In particular, it studies whether Austria, the Netherlands, Canada and New Zealand made the right monetary regime choices between 1970 and 2000. We focus on the role...