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Showing 1 through 8 of 8 results

Exchange Rate Regimes in an Increasingly Integrated World Economy

by Michael Mussa Paul Masson Alexander Swoboda Esteban Jadresic Paolo Mauro Andrew Berg

This paper builds upon previous International Monetary Fund (IMF) studies on various aspects of the exchange rate arrangements of IMF member countries consistent with the IMF's role of surveillance of members' exchange rate policies and over the international monetary system. The paper examines the consequences of increased capital mobility and of the integration of developing economies in globalised goods and financial markets for the exchange rate regimes both of the world's major currencies and of developing and transition countries.

Exit Strategies Policy Options for Countries Seeking Greater Exchange Rate Flexibility

by Barry Eichengreen Paul Masson Hugh Bredenkamp Barry Johnston Javier Hamann Esteban Jadresic

In a world of increasing capital mobility and broadening and more diversified trade, many (but not all) developing and transition economies are likely to find it desirable to move from relatively fixed exchange rate regimes to regimes of greater exchange rate flexibility. This paper suggests why, and considers strategies that countries may consider for such a move. It reinforces this discussion with a review of experience from teh past two decades with alternative exchange rate regimes. the paper also identifies policies that can facilitate the transition to greater exchange rate flexibility for countries that wish to pursue this option.

Inflation Targeting and Output Stability

by Esteban Jadresic

A report from the International Monetary Fund.

The Macroeconomic Consequences of Wage Indexation Revisited

by Esteban Jadresic

A report from the International Monetary Fund.

Sticky Prices: An Empirical Assessment of Alternative Models

by Esteban Jadresic

A report from the International Monetary Fund.

What Type of Contracts Underlie Aggregate Wage Dynamics?*

by Esteban Jadresic

A report from the International Monetary Fund.

Showing 1 through 8 of 8 results

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