| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060352 | Economics Letters | 2013 | 6 Pages |
Abstract
⺠The paper examines whether exchange rate flexibility matters for external adjustment. ⺠Standard regime classifications do not adequately capture exchange rate flexibility. ⺠We use trade-weighted bilateral exchange rate volatility to classify flexibility. ⺠We find that flexible exchange rates imply less persistent current account dynamics.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Atish R. Ghosh, Mahvash S. Qureshi, Charalambos G. Tsangarides,