From Fixed to Float: A Competing Risks Analysis

Terence Tai Leung Chong, Qing He () and Wing Chan ()

International Economic Journal, 2016, vol. 30, issue 4, 488-503

Abstract: This paper examines the determinants of the exchange rate regime of a country. A competing risks model is estimated. It is found that the way a country exits a fixed exchange rate regime is affected non-linearly by the duration of the peg. In addition, countries with a lower growth rate of reserves, higher occurrence of banking crises, higher concentration of trade and lower degree of capital-account liberalisation are more likely to experience a crisis-driven exit.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1080/10168737.2016.1204343 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: From Fixed to Float: A Competing Risks Analysis (2014)
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:intecj:v:30:y:2016:i:4:p:488-503

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RIEJ20

DOI: 10.1080/10168737.2016.1204343

Access Statistics for this article

International Economic Journal is currently edited by Jaymin Lee Editor

More articles in International Economic Journal from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().