The Return to Soft Dollar Pegging in East Asia: Mitigating Conflicted Virtue

139 citations recorded by the source corpus.

Citations in the corpus

Assessing China's Exchange Rate Regime (2007, unknown): “McKinnon (2006), McKinnon and Schnabl (2003, 2004), Mundell (2004) and Cooper (2005) are among those opposed.”
Exchange Rate Volatility and Growth in Emerging Europe and East Asia (2009, unknown): “Capital markets have been playing an increasing role in the discussion about exchange rate stabilization and growth since the Asian crisis (Eichengreen and Hausmann, 1999, McKinnon and Schnabl, 2004a, De Grauwe and Schnabl, 2005a, Aghion et al. 2006).”
One Currency, Two Markets: The Renminbi's Growing Influence in Asia-Pacific (2015, unknown): “Before mid-2005, Asian central banks attached very high importance to tracking the US dollar, which is described by McKinnon and Schnabl (2004) and McKinnon (2005) as a “soft pegging to the dollar” regime.”
China's Exchange Rate and International Adjustment in Wages, Prices, and Interest Rates: Japan Deja Vu? (2006, unknown): “Any international creditor country that cannot lend in its own currency cumulates a currency mismatch that we call the syndrome of conflicted virtue (McKinnon and Schnabl 2004b, McKinnon 2005).”
The US as a Net Debtor: The Sustainability of the US External Imbalances (2004, unknown): “They include Rubin, Orszag and Sinai (2004), Summers (2004), Rogoff (2003, 2004), Obstfeld and Rogoff (2004), Roach (2004a, b), Wolf (2004a, b) Mussa (2004), Truman (2004), Mann (2004) and IMF (2004a, 2004b).”