Choice of an Exchange Rate Regime: the Role of Optimum Currency Area Theory

This lecture deals with the problem of the choice of exchange rate regime for fiat and fully convertible currencies. We begin with a review of different types of exchange rate regimes and discuss the difference between de jure and de facto regimes. We also briefly talk about how classification of ex...

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Bibliographic Details
Main Author: Julius Horvath
Format: Article
Language:English
Published: University of Debrecen, Faculty of Economics and Business 2021-01-01
Series:Competitio
Online Access:https://ojs.lib.unideb.hu/competitio/article/view/8855