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  • 标题:Exchange rate regimes and monetary arrangements
  • 本地全文:下载
  • 作者:Ribnikar, Ivan
  • 期刊名称:Zbornik radova Ekonomskog fakulteta u Rijeci, Časopis za ekonomsku teoriju praksu
  • 印刷版ISSN:1331-8004
  • 出版年度:2005
  • 卷号:22
  • 期号:2
  • 页码:9-23
  • 出版社:University of Rijeka Faculty of Economics
  • 摘要:There is a close relationship between a country’s exchange rate regime and monetary arrangement and if we are to examine monetary arrangements then exchange rate regimes must first be analysed. Within the conventional and most widely used classification of exchange rate regimes into rigid and flexible or into polar regimes (hard peg and float) on one side, and intermediate regimes on the other there, is a much greater variety among intermediate regimes. A more precise and, as will be seen, more useful classification of exchange rate regimes is the first topic of the paper. The second topic is how exchange rate regimes influence or determine monetary arrangements and monetary policy or monetary policy regimes: monetary autonomy versus monetary nonautonomy and discretion in monetary policy versus commitment in monetary policy. Both topics are important for countries on their path to the EU and the euro area
  • 关键词:Exchange rate regimes; monetary arrangements; discretion v. commitment in monetary policy.
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