Dilemma of exchange rate regime choice : a survey of the literature and the practice
Author
Source
Issue
Vol. 2016, Issue 15 (30 Jun. 2016), pp.1-13, 13 p.
Publisher
Université Abou Bekr Belkaid Faculté des Sciences Economiques et de Gestion
Publication Date
2016-06-30
Country of Publication
Algeria
No. of Pages
13
Main Subjects
Abstract EN
This paper reviews the theoretical and empirical literature on the optimal choice of exchange rate regime.
It includes three sections: The First, Taxonomy of Exchange Rate Regimes and the discrepancy between declared and actual regime (de jure and de facto); The Second, the different approaches of the exchange regime choice; And the third, analysis of the evolution exchange rate regimes in recent years, paying particularly attention to two new proposals exchange rate regimes: the Managed Floating Plus (MFP) and the Basket, Band and Crawling Peg (BBC).
To conclude there is no consensus on how to select an appropriate exchange rate regime and there will be continuous revisions of theories and empirical results.
Abstract FRE
Ce papier revoit la littérature théorique et empirique sur le choix de régime de change optimal.
Il inclut trois section: la première, Taxonomie du régime de change et la divergence entre régime déclaré et réel (de jure et de facto; La deuxième, les différentes approches du choix de régime de change; Et la troisième, l‘analyse de l'évolution des régimes de change ces dernières années en citant des nouveaux régimes proposés, qui sont : Flottement dirigé bonifié (MFP) et un panier de devises avec marges de fluctuations et parité glissante (BBC).
Pour conclure qu‘il n'y a aucun consensus sur le choix un régime de change approprié et il y aura des révisions continues des théories et des résultats empiriques.
American Psychological Association (APA)
Rechache, Abbasiyah. 2016. Dilemma of exchange rate regime choice : a survey of the literature and the practice. Revue Economie et Management،Vol. 2016, no. 15, pp.1-13.
https://search.emarefa.net/detail/BIM-793246
Modern Language Association (MLA)
Rechache, Abbasiyah. Dilemma of exchange rate regime choice : a survey of the literature and the practice. Revue Economie et Management No. 15 (Jun. 2016), pp.1-13.
https://search.emarefa.net/detail/BIM-793246
American Medical Association (AMA)
Rechache, Abbasiyah. Dilemma of exchange rate regime choice : a survey of the literature and the practice. Revue Economie et Management. 2016. Vol. 2016, no. 15, pp.1-13.
https://search.emarefa.net/detail/BIM-793246
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 12-13
Record ID
BIM-793246