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论坛 金融投资论坛 六区 金融学(理论版)
1403 1
2020-03-16
Abstract
Detailed country-by-country chronologies are an informative companion piece to our paper “Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?,” which provides a comprehensive history of anchor or reference currencies, exchange rate arrangements, and a new measure of foreign exchange restrictions for 194 countries and territories over 1946-2016. The individual country chronologies are also a central component of our approach to classifying regimes. These country histories date dual or multiple exchange rate episodes, as well as to differentiate between pre-announced pegs, crawling pegs, and bands from their de facto counterparts. We think it is important to distinguish between say, de facto pegs or bands from announced pegs or bands, because their properties are potentially different. The chronologies also flag the dates for important turning points, such as when the exchange rate first floated, or when the anchor currency was changed. We extend our chronologies as far back as possible, even though we only classify regimes from 1946 onwards.

摘要
详细的国家/地区时间顺序是我们论文“进入21世纪的汇率安排:将持有哪种锚点”的有益参考,它提供了锚点或参考货币的全面历史,汇率安排以及新的衡量标准。 1946-2016年间194个国家和地区的外汇限制。各个国家的时间顺序也是我们对制度进行分类的方法的重要组成部分。这些国家的历史记录着双重或多重汇率事件,并区分了预先宣布的钉子,爬行钉子和乐队与实际的钉子。时间顺序还会标记出重要转折点的日期,例如汇率首次浮动或锚定货币更改的时间。即使我们仅对1946年以后的政权进行分类,我们也将其年代尽可能地延长。

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2020-3-16 10:29:00
小小小庄 发表于 2020-3-16 10:18
Abstract
Detailed country-by-country chronologies are an informative companion piece to our paper “ ...
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