To Float or to Fix : Evidence on the Impact of Exchange Rate Regimes on Growth

@inproceedings{LevyYeyati2002ToFO,
  title={To Float or to Fix : Evidence on the Impact of Exchange Rate Regimes on Growth},
  author={Eduardo Levy-Yeyati and Federico Sturzenegger},
  year={2002}
}
  • Eduardo Levy-Yeyati, Federico Sturzenegger
  • Published 2002
We study the relationship between exchange rate regimes and economic growth for a sample of 183 countries over the post-Bretton Woods period , using a new de facto classification of regimes based on the actual behavior of the relevant macroeconomic variables. In contrast with previous studies, we find that, for developing countries, less flexible exchange rate regimes are associated with slower growth, as well as with greater output volatility. For industrial countries, regimes do not appear to… CONTINUE READING
Highly Influential
This paper has highly influenced 12 other papers. REVIEW HIGHLY INFLUENTIAL CITATIONS
Highly Cited
This paper has 68 citations. REVIEW CITATIONS

10 Figures & Tables

Topics

Statistics

0510'04'06'08'10'12'14'16'18
Citations per Year

68 Citations

Semantic Scholar estimates that this publication has 68 citations based on the available data.

See our FAQ for additional information.