Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option
By J. Williamson. 2000
374 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/aa8971e9043cbcd4f3b5f574dbfdc8ec492d9fdb
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- G. Schnabl
- Ronald I. McKinnon
- Barry Eichengreen
- A. Posen
- Ken Kuttner
- Michael Ehrmann
- Geert Bekaert
- Eric T. Swanson
Citations in the corpus
- Capital-Account and Counter-Cyclical Prudential Regulations in Developing Countries (2003, unknown): “The evidence of effects on exchange rates is more mixed, though this may reflect the difficulties inherent in exchange rate modeling (Williamson 2000, ch. 4).”
- Foreign exchange interventions under inflation targeting: the Czech Experience (2006, unknown): “Williamson (2000) is one of the examples arguing in favour of the intermediate options (the so-called “basket, band and crawl” system).”
- Beyond Bipolar: A Three-Dimensional Assessment of Monetary Frameworks (2001, background): “Still, “intermediate regimes” like currency baskets and bands also retain their advocates (notably Williamson 2000).”
- What is an Emerging Market? (2004, unknown): “John Williamson (2000) has been a long-time advocate.”
- Exchange Rate Management and Crisis Susceptibility: A Reassessment (2014, unknown): “Williamson (2000) also reports most EMEs as “reluctant floaters” in that period, and argues that their desire to manage the exchange rate reflected legitimate concerns about the possible real effects of floating rates.”
- Can Emerging Markets Float? Should They Inflation Target? (2006, background): “On bands and pegs for emerging markets, see Williamson (2000).”
- Synchronized Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate (2003, background): ““solution” is to give the yen more weight in the exchange rate baskets of the nine EA2 countries ( Williamson, 2000; Kwan, 2001).”
- Exchange rate regime durability and performance in developing versus advanced economies (2005, unknown): “As Williamson (2000) has argued, such ''intermediate'' regimes could, in principle, allow countries to reap the benefits of fixed and flexible regimes without incurring some of their costs.”
- Monetary Policy Rules for Financially Vulnerable Economies (2003, unknown): “Williamson (2000) argues against this hypothesis and defends the intermediate regimes for emerging economies.”
- Rounding the Corners of the Policy Trilemma: Sources of Monetary Policy Autonomy (2015, unknown): “Up until 1995, this yearbook presented binary codes across a limited number of fields (controls on current account 7 See also Popper et al (2012) and Williamson (2000) among other studies for a discussion of the fact that the middle…”
- The East Asian Dollar Standard, Fear of Floating, and Original Sin (2004, background): “Williamson (2000) recommends a 33% weight of the Japanese yen.”