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Deutsche Bundesbank, Forschungszentrum, Frankfurt am Main >
Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/27748
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Herrmann, Sabine | | en_US |
| dc.date.accessioned | | 2009-08-27 | | en_US |
| dc.date.accessioned | | 2009-09-07T14:41:18Z | | - |
| dc.date.available | | 2009-09-07T14:41:18Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.isbn | | 978-3-86558-548-6 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/27748 | | - |
| dc.description.abstract | | This paper examines the relationship between the exchange rate regime and the pace of current account adjustment. The panel data set we refer to includes 11 catching-up countries from central, eastern and south-eastern Europe between 1994 and 2007. The exchange rate regime is measured by a continuous z-score measure of exchange rate volatility proposed by Gosh, Gulde and Wolf (2003). Based on a basic autoregression estimation, the results indicate that a more flexible exchange rate regime significantly enhances the rate of current account adjustment. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Dt. Bundesbank Frankfurt, M. | | en_US |
| dc.relation.ispartofseries | | Discussion Paper Series 1: Economic Studies 2009,22 | | en_US |
| dc.subject.jel | | F32 | | en_US |
| dc.subject.jel | | F31 | | en_US |
| dc.subject.jel | | O52 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Current account adjustment | | en_US |
| dc.subject.keyword | | exchange rate regime | | en_US |
| dc.subject.keyword | | Central and Eastern Europe | | en_US |
| dc.subject.stw | | Wechselkurssystem | | en_US |
| dc.subject.stw | | Leistungsbilanz | | en_US |
| dc.subject.stw | | Zahlungsbilanzgleichgewicht | | en_US |
| dc.subject.stw | | Wirtschaftliche Anpassung | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Osteuropa | | en_US |
| dc.title | | Do we really know that flexible exchange rates facilitate current account adjustment? Some new empirical evidence for CEE countries | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 607707003 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:bubdp1:200922 | | - |
| Appears in Collections: | | Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank
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