Influence of social learning on exchange rate policy in developing countries:a preliminary finding

Yohane Khamfula ()

Applied Economics, 1998, vol. 30, issue 5, 697-704

Abstract: By using a suitable econometric model, this study shows that beyond factors postulated by theorists 'social learning' is a very powerful phenomenon for guiding developing countries in their exchange rate policy. We introduce two variables that fairly encapsulate features of learning among neighbours. The new variables, together with those advanced in theory are then used to determine choice of a managed float by analysing 1993 cross-section data from Asian developing countries.

Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/000368498325688 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:30:y:1998:i:5:p:697-704

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/000368498325688

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().