Arbeitspapier
The Forex Regime and EMU Expansion
This paper provides evidence that the choice of the foreign exchange regime is not of first order importance for achieving high output growth. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate stability hinges on the current and anticipated coherency of monetary and fiscal policies. We demonstrate this empirically on a panel including potential EMU accession countries. By means of rank regression analysis we uncover the partial links across the regime specifics of the representative country versus the German regime during the 1990s.
- Language
-
Englisch
- Bibliographic citation
-
Series: Tinbergen Institute Discussion Paper ; No. 02-010/2
- Classification
-
Wirtschaft
- Subject
-
Exchange Rate Regime
Growth
EMU
CEECs
Wechselkurssystem
Wirtschaftswachstum
Monetäre Wechselkurstheorie
Eurozone
Übergangswirtschaft
EU-Staaten
Osteuropa
- Event
-
Geistige Schöpfung
- (who)
-
van Foreest, Pieter W.
de Vries, Casper G.
- Event
-
Veröffentlichung
- (who)
-
Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- van Foreest, Pieter W.
- de Vries, Casper G.
- Tinbergen Institute
Time of origin
- 2002
Other Objects (12)
Prospects for an EMU between Federalism and Nationalism
Urban Expansion or Clustered Deconcentration?
Central Bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy
The Trade and FDI Effects of EMU Enlargement
Political Regimes, Party Ideological Homogeneity and Polarization
Sovereign Default and the Stability of Inflation Targeting Regimes
Political Influence in a New Antidumping Regime: Evidence from Mexico
Government Spending Shocks, Sovereign Risk and the Exchange Rate Regime
Global Environment Change Regimes
Output Divergence in Fixed Exchange Rate Regimes: Is the Euro Area Growing Apart?
A Multicriteria Decision Support Methodology for Evaluating Airport Expansion Plans
Optimal Management with Potential Regime Shifts
Prospects for an EMU between Federalism and Nationalism
Urban Expansion or Clustered Deconcentration?
Central Bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy
The Trade and FDI Effects of EMU Enlargement
Political Regimes, Party Ideological Homogeneity and Polarization
Sovereign Default and the Stability of Inflation Targeting Regimes
Political Influence in a New Antidumping Regime: Evidence from Mexico
Government Spending Shocks, Sovereign Risk and the Exchange Rate Regime
Global Environment Change Regimes
Output Divergence in Fixed Exchange Rate Regimes: Is the Euro Area Growing Apart?
A Multicriteria Decision Support Methodology for Evaluating Airport Expansion Plans
Optimal Management with Potential Regime Shifts
Prospects for an EMU between Federalism and Nationalism
Urban Expansion or Clustered Deconcentration?
Central Bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy
The Trade and FDI Effects of EMU Enlargement
Political Regimes, Party Ideological Homogeneity and Polarization
Sovereign Default and the Stability of Inflation Targeting Regimes
Political Influence in a New Antidumping Regime: Evidence from Mexico
Government Spending Shocks, Sovereign Risk and the Exchange Rate Regime
Global Environment Change Regimes
Output Divergence in Fixed Exchange Rate Regimes: Is the Euro Area Growing Apart?
A Multicriteria Decision Support Methodology for Evaluating Airport Expansion Plans