Written for a PIIE conference on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar…
This paper develops a new econometric framework to estimate and classify exchange rate regimes. They are classified into four distinct…
A majority of countries neither freely float their currencies nor firmly peg. But most of the remainder in practice also don’t obey such…
In the face of the trifecta of fiscal adversity currently facing governments as
a result of the COVID-19 pandemic, this report brings good…