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- W2091294608 abstract "SINCE THE COLLAPSE of the Bretton Woods system in 1973 there has been an increasing discussion concerning the appropriateness of different exchange rate systems for less-developed countries (LDCs). However, this discussion has been marked by the absence of empirical analysis on how floating exchange rate systems behave in LDCs. The purpose of this paper is to analyze, from a monetary perspective, the Peruvian experience with floating exchange rates during the early l950s. A short-run version of the simple monetary approach to exchange rate determination is tested using monthly data for 1950-54. The results obtained are quite satisfactory, indicating that the monetary view of exchange rate determination provides a useful benchmark for analyzing the behavior of floating exchange rates in developing economies. l" @default.
- W2091294608 created "2016-06-24" @default.
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- W2091294608 date "1983-02-01" @default.
- W2091294608 modified "2023-09-29" @default.
- W2091294608 title "Floating Exchange Rates in Less-Developed Countries: A Monetary Analysis of the Peruvian Experience, 1950-54" @default.
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- W2091294608 doi "https://doi.org/10.2307/1992141" @default.
- W2091294608 hasPublicationYear "1983" @default.
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