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TRANSMISSION OF REAL AND MONETARY DISTURBANCES UNDER FIXED AND FLOATING EXCHANGE RATES
MONETARY DISTURBANCES FIXED FLOATING EXCHANGE RATES
2008/12/3
The world economy since the 19th century has been characterized
by varying degrees of interdependence. In the pre—World War I
world, individual economies to a great extent were exposed to economic
...
TRADE AND INVESTMENT UNDER FLOATING RATES：THE U.S. EXPERIENCE
FLOATING RATES U.S. EXPERIENCE exchange rate system
2008/12/3
Since the move to a managed floating exchange rate system in
1973, world financial markets have been characterized by largemovements
in nominal exchange rates. These movements have been
accompanied...
FIXED VERSUS FLOATING EXCHANGE RATES
FLOATING EXCHANGE RATES flexible exchange rates firmly fixed exchange rates European Monetary System
2008/11/12
In the 1990s, a new consensus emerged regarding exchange rate
regimes. Governments must choose between flexible exchange rates
and firmly fixed exchange rates. Pegged rates of the adjustable sort,
...