Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/317246 
Erscheinungsjahr: 
2023
Quellenangabe: 
[Journal:] Organizations and Markets in Emerging Economies [ISSN:] 2345-0037 [Volume:] 14 [Issue:] 3 [Year:] 2023 [Pages:] 600-620
Verlag: 
Vilnius University Press, Vilnius
Zusammenfassung: 
This article investigates the role of monetary policies in the success of exchange rate regime transition and the mitigation of related risks. We adopted a comparative methodology for three types of regime switches using 3 GARCH family models and data from 6 African countries over two decades. Our main findings are that a gradual and well-prepared transition improves its outcome and allows the market more flexibility in absorbing domestic and external volatilities, even during a crisis. The results of this study will provide policymakers with a road map to succeed in the exchange rate regime transition and mitigate the inherent risks.
Schlagwörter: 
COVID19
Exchange Rate
GARCH
Monetary Policy
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article

Datei(en):
Datei
Größe
500.48 kB





Publikationen in EconStor sind urheberrechtlich geschützt.