Why do countries float the way they float
作者： Ricardo Hausmann , Ugo Panizza , Ernesto Stein
DOI: 10.1016/S0304-3878(01)00168-7
关键词: Exchange rate 、 Emerging markets 、 Exchange-rate pass-through 、 Fear of floating 、 Monetary economics 、 Volatility (finance) 、 Interest rate 、 Economics 、 Floating exchange rate 、 Currency
摘要: … relative to M2, the relative volatility of exchange rates vis a vis reserves, and the relative volatility … In order to answer this question, we look at the relative volatilities of the exchange rate …
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