Measuring exchange rate flexibility by regression methods
A new and easily implemented regression method is proposed for generating an index of exchange rate flexibility, whilst simultaneously identifying anchors of pegged currencies. The method can distinguish floats from pegs, including those with occasional devaluations. An annual index is calculated th...
| Main Authors: | , |
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| Format: | Article |
| Published: |
Oxford University Press
2017
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/34558/ |