Choice of an Exchange‑Rate Arrangement, Institutional Setting and Inflation: Empirical Evidence From Latin America
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The debate about whether fixed or flexible exchange-rate regimes are better suited to guaranteeing stability has received added stimulus from the macroeconomic crisis in Argentina. This paper argues that it is misleading solely to concentrate on exchange-rate policy to assess the preconditions for stability in an international surrounding....
