Fixed exchange rates and exchange controls in the small, undiversified open economy
Rolle, John
Fixed exchange rates and exchange controls in the small, undiversified open economy - MonaJA ISER 1993 - 25p.
Provides a brief survey of the literature on exchange rate systems and reviews popular regional experiences with exchange rate management. Incorporates these experiences into an extended model of welfare maximization under risk and uncertainty, solidifying the case for fixed rates in Caribbean economies.
11.02.01 R3361
Fixed exchange rates and exchange controls in the small, undiversified open economy - MonaJA ISER 1993 - 25p.
Provides a brief survey of the literature on exchange rate systems and reviews popular regional experiences with exchange rate management. Incorporates these experiences into an extended model of welfare maximization under risk and uncertainty, solidifying the case for fixed rates in Caribbean economies.
11.02.01 R3361