Alternative Exchange Rate Regimes and the Transmission of Disturbances: A general Equilibrium Approach

Torsten Persson ()

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: using a general equilibrium model with maximising agents, the transmission of disturbances under alternative exchange rate regimes are analysed and compared. Expectations of future prices and monetary policies are crucial to the analysis. Apart from specific results, the paper also provides an illusion of two more general points. First, conclusions from the analysis of globally fixes exchange rates or general floating, do not necessarily translate to the intermediate case of pegging in a world of otherwise floating rates. Second, the assumptions about the precise way that a fixed exchange rate is stabilized are critical for the results.

Pages: 46 pages
Date: 1980
References: Add references at CitEc
Citations:

Downloads: (external link)
https://warwick.ac.uk/fac/soc/economics/research/w ... 78-1988/twerp182.pdf

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:wrk:warwec:182

Access Statistics for this paper

More papers in The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Margaret Nash ().