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Words, deeds, and outcomes: A survey on the growth effects of exchange rate regimes

Philipp Harms and Marco Kretschmann

No 07.03, Working Papers from Swiss National Bank, Study Center Gerzensee

Abstract: Recent studies on the growth effects of exchange rate regimes offer a wide range of different, sometimes contradictory results. In this paper, we systematically compare three prominent contributions in this field. Using a common data set, a common specification, and common estimation methods, we argue that the contradictory findings can be explained by the fact that these studies use regime classifications which reflect fundamentally different aspects of exchange rate policy.

Pages: 30 pages
Date: 2007-03
New Economics Papers: this item is included in nep-cba
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Citations: View citations in EconPapers (15)

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Related works:
Journal Article: WORDS, DEEDS AND OUTCOMES: A SURVEY ON THE GROWTH EFFECTS OF EXCHANGE RATE REGIMES (2009) Downloads
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