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Characteristics of a Successful Exchange Rate System

Paul Masson, Morris Goldstein and Jacob Frenkel

No 1991/013, IMF Occasional Papers from International Monetary Fund

Abstract: This study identifies the key characteristics of a successful exchange rate system. It focuses on regimes in the industrial countries and consider the implications for the operation of the international monetary system.

Keywords: OP; exchange rate commitment; policy; exchange rate system; monetary policy; policy coordination; SDR shrink; current account position; Exchange rates; Real exchange rates; Managed exchange rates; International monetary system; Price stabilization; Global; Europe; Southeast Asia; Australia and New Zealand; Asia and Pacific; Current account imbalances; Conventional peg; Current account (search for similar items in EconPapers)
Pages: 45
Date: 1991-06-15
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Citations: View citations in EconPapers (41)

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