Fixed and Flexible Exchange Rate Regimes: Which is
Best ? Do Fix Rates Lead to Currency Crises ?
Readings:
An argument in favor of flexible exchange rates:
Floating
Exchange Rates: The Only Viable Solution
An argument in favor of fixed exchange rates: A
Case for Fixing Exchange Rates, 1989 Annual Report of the Minneapolis Fed
An argument for a mixed regime (a modified floating regime):
A
Modified Float: The Clear Choice
A comparison of Mexican and Argentinean exchange rate
regime favoring a strict fixed rate regime (i.e. an Argentinean style of
Currency Board): A
Tale of Two Pesos: A Comparison of Currency Policies In Mexico and Argentina
READINGS ON CURRENCY CRISES
-
Slate
- The Dismal Science - August 14, 1997
-
Economic
Scene: Monetary Fund's Rescue Package for Thailand May be Too Late
-
Analysis:
Thailand Ignored Painful Lessons of Mexico
-
Currencies
of the World
-
FRBSF:
Economic Letter (4/19/96)
-
The
Mexican Peso Crisis
-
TND
May/June 1996 -- How IS NAFTA Doing?
-
ADT
- Crashes A-Z
-
hong
kong currency wsj 82197
-
9-2-97:
FT Martin Wolf: The real lesson from Asia
Jackson
Hole Conf. WSJ9-2-97 article
Author: Nouriel
Roubini, Stern School of Business, NYU.