Hidden Bibliographic Details
| Other authors / contributors: | Erbas, S. Nuri.
International Monetary Fund. Middle Eastern Department.
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| ISBN: | 1462366244
9781462366248
1451991541
9781451991543
1283559447
9781283559447
9786613871893
6613871893
1451890656
9781451890655
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| Notes: | Includes bibliographical references (pages 31-32).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Annotation Import and export stability is examined under two alternative nominal exchange rate anchors, the U.S. dollar and the SDR. Stability under the two pegs depends critically on import and export elasticity with respect to exchange rates. the implications of import and export elasticity for an optimal currency basket are also explored. the elasticity estimates for the GCC countries suggest that the SDR peg may not outperform the dollar peg in improving external stability. Nevertheless, switching to some other nominal exchange rate anchor may improve external stability, a possibility that remains to be explored.
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| Other form: | Print version: Iqbal, Zubair. External stability under alternative nominal exchange rate anchors. [Washington, D.C.] : International Monetary Fund, Middle Eastern Dept., ©1997
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