Current studentsExisting staffContact us
 

Intervention and exchange rate regime choice in Asia: does the US dollar still matter?

Simple item page
dc.contributor.authorCavoli, T.
dc.contributor.authorRajan, R.S.
dc.contributor.editorCavoli, T.
dc.contributor.editorListokin, S.
dc.contributor.editorRajan, R.S.
dc.date.issued2014
dc.description.abstractAn enduring question in the literature on exchange rate regimes is: how do official classifications compare with de facto regimes? This chapter facilitates this comparison by presenting an analysis of the degree of de facto exchange rate flexibility in the exchange rate regimes for emerging Asian economies, viz. Bangladesh, China, India, Indonesia, Korea, Malaysia,Pakistan, the Philippines, Singapore, Sri Lanka, Thailand and Vietnam over the decade 1999–2009. We do this by employing one of the available and well-known methods — the Frankel–Wei (Frankel and Wei, 1994,2007) methodology and employing this method to analyze exchange rate regime choice in the first and second moments, as well as controlling for regime type and assessing the dynamics of regime choice by controlling fortime variation. The basic objective of this chapter is to draw inferences about regime classification from the Frankel–Wei estimates and then evaluate these with official and International Monetary Fund (IMF) exchange rate regime classifications.
dc.identifier.citationSource details - Title: Issues in governance, growth and globalization in Asia, 2014 / Cavoli, T., Listokin, S., Rajan, R.S. (ed./s), Ch.8, pp.143-166
dc.identifier.doi10.1142/9789814504959_0008
dc.identifier.isbn9789814504942
dc.identifier.urihttps://hdl.handle.net/1959.8/158559
dc.language.isoen
dc.publisherWorld Scientific
dc.publisher.placeSingapore
dc.rightsCopyright 2014 World Scientific Publishing
dc.source.urihttps://doi.org/10.1142/9789814504959_0008
dc.subjecteconomic development
dc.subjectcorporate development
dc.subjectglobalization
dc.titleIntervention and exchange rate regime choice in Asia: does the US dollar still matter?
dc.typeBook chapter
pubs.publication-statusPublished
ror.mmsid9915910048401831

Files

Collections