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- W1569126363 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 and 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." @default.
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- W1569126363 date "2009-01-01" @default.
- W1569126363 modified "2023-09-24" @default.
- W1569126363 title "Do We Really Know That Flexible Exchange Rates Facilitate Current Account Adjustment" @default.
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