... Interest rates Lender of last resort LOLR Liquidity Stabilization Crises Economic and Monetary Union EMU Exit options Russia Growth Bonato L Burgess R Employment European Central Bank Fabrizio Stefania Leigh D Output growth Xiao Y Productivity currency boards exchange rate regime...

... Growth Interest rates Lithuania Ljubisa V Montenegro Output growth Serbia Competitiveness United Nations currency boards exchange rate regime monetary policies banking policies macroeconomic performance There are lots of projects in BH for which a “little bit” of CBBH finance may...

... and Rogoff, “The Mirage of Fixed Exchange Rates”, and cites the existence of a significant number of stable, meaningful exchange rate regimes that go against recent research. The chapter delves deeper into the history of fixed, floating and flipping exchange rate regimes in relation to the number of exchange...

... Board (WACB) in 1912. It shows that during a period of pronounced global monetary instability, the early currency boards achieved low average inflation rates under a credibly pegged exchange rate regime. Sulling Anne Convertibility Early currency boards Hanke Steven Schenk C Schuler K Frankel...

... Camilleri Gilson M T Devaluation Discipline effect Exit options Turkey Economic and Monetary Union EMU Floating exchange rate regime Gross domestic product GDP International Monetary Fund IMF Quasi currency board Recession Gruson M Levy Yeyati E Sturzenegger F Backing rule Bulgaria East...

... boards exchange rate regime Estonia Lithuania Bulgaria Bosnia and Herzegovina With the demise of the Argentinean currency board in early 2002, four modern currency boards introduced in the 1990s explicitly as part of macroeconomic stabilization efforts remain: Estonia, Lithuania, Bulgaria...

... rate regime Exports Fabrizio Stefania Gross domestic product GDP Growth Lithuania Output growth Purchasing power parity Randveer M Sepp U Xiao Y Employment Germany Interest rates Competitiveness Eurozone Maastricht Treaty Rell M Vesilind A currency boards exchange rate regime...

... S Berlemann M Economic and Monetary Union EMU Eurozone Gulde Anne Marie Interest rates Miller J B Nenovsky N Saad M Carlson J Consumer confidence Dimitrova K Output growth Pegs Productivity Valev Neven currency boards exchange rate regime monetary policies banking policies...

...This chapter gives a brief overview of the important questions surrounding the exchange rate regimes in the modern era. These are questions about the exchange rate regime choices, their nature and consequences. The question of the implications of exchange rate regime choice was initiated...

.... Disinflation Exchange rate regime Floating exchange rate regime Growth Inflation Output growth Causality Confidence effect Credibility Discipline effect Exports Hyperinflation Gross domestic product GDP Stabilization Cukierman A Endogeneity Fischer Stanley Oil Rogoff K Romer D Shocks Terms...

... is not statistically robust. Argentina Competitiveness May Rollo Economic and Monetary Union EMU Exchange rate regime Floating exchange rate regime Growth Inflation Mundell Fleming model Output growth Pegs Roubini Nouriel Credibility Crises Discipline effect Endogeneity Euro based currency boards...