Kicking the Habit
Moving from Pegged Rates to Greater Exchange Rate Flexibility
Datos Bibliográficos
| ID | 9719571 |
|---|---|
| Autores | Barry Eichengreen (0000-0002-1683-4486, International Monetary Fund, autor de correspondencia) |
| Año | 1999 |
| Volumen | 109 |
| Número | 454 |
| Páginas | 1-14 |
| Fecha de publicación | 1999-03-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Economic Journal (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editorial | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/1468-0297.00413 |
| OpenAlex | W2101039542 |
| Idioma | EN |
| Citas recibidas | 2 |
| Referencias citadas | 1 |
Why do governments find it so difficult to move from pegged exchange rates to greater exchange rate flexibility? I first establish that there is a problem to be solved: that there are powerful incentives for greater flexibility deriving from changes in the international economic and financial environment but that policymakers find it difficult to engineer a smooth transition. I offer practical suggestions and a framework under which the probability of a smooth transition can be maximised. Drawing examples from recent economic history, I then attempt to understand the experience of selected countries which have undertaken this transition
Economics · Exchange rate · Exchange-rate flexibility · Exchange-rate regime · Flexibility (engineering · Foreign exchange · Habit · Incentive · Macroeconomics · Management · Microeconomics · Monetary economics · Transition (genetics · Economic Policies and Impacts · Global Financial Crisis and Policies · Monetary Policy and Economic Impact · Psychology
| Obras citantes distintas | 2 |
|---|---|
| Citas por año | 0,13 |
| Intervalo de citas | 2010 - 2023 (14) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 2 |