Exchange Rates and Monetary Policy

  • William C. Gruben
  • David M. Gould
  • Carlos E. Zarazaga
Chapter

Abstract

The enormous volatility of floating exchange rates has led to a call for limits on exchange rate fluctuations. An increasing number of countries have begun to question the benefits of floating exchange rates. Can central banks limit exchange rate fluctuations, and are there benefits from doing so?

Keywords

Exchange Rate Monetary Policy Real Exchange Rate Capital Flow European Monetary Union 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information

© Springer Science+Business Media New York 1997

Authors and Affiliations

  • William C. Gruben
  • David M. Gould
  • Carlos E. Zarazaga

There are no affiliations available

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