Arbeitspapier
Are Monetary Rules and Reforms Complements or Substitutes? A Panel Analysis for the World versus OECD Countries
This paper investigates the relationship between the exchange rate regime and the degree of structural reforms using panel data techniques. We look at a broad sample of countries (the "world sample") and also an OECD sample. Our main findings suggest that adopting a fixed exchange rate rule is positively correlated with the degree of overall structural reforms and the trade component. The paper also highlights the fact that considering a heterogeneous panel of countries as opposed to a limited does not matter for this results.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 129
- Klassifikation
-
Wirtschaft
Positive Analysis of Policy Formulation and Implementation
Monetary Policy
Policy Objectives; Policy Designs and Consistency; Policy Coordination
- Thema
-
exchange rates
monetary policy regime
liberalisation
panel data
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Belke, Ansgar
Herz, Bernhard
Vogel, Lukas
- Ereignis
-
Veröffentlichung
- (wer)
-
Oesterreichische Nationalbank (OeNB)
- (wo)
-
Vienna
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Belke, Ansgar
- Herz, Bernhard
- Vogel, Lukas
- Oesterreichische Nationalbank (OeNB)
Entstanden
- 2006
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