previous classification efforts is that we employ an extensive data base on market-determined parallel exchange rates. Our … 'natural' classification algorithm leads to a stark reassessment of the post-war history of exchange rate arrangements. When … the official categorization is a form of peg, roughly half the time our classification reveals the true underlying …

. Our central finding is that the US dollar scores (by a wide margin) as the world's dominant anchor currency and, by some …

previous classification efforts is that we employ an extensive data base on market-determined parallel exchange rates. Our … 'natural' classification algorithm leads to a stark reassessment of the post-war history of exchange rate arrangements. When … the official categorization is a form of peg, roughly half the time our classification reveals the true underlying …