Alternative exchange-rate systems: another look at the Modigliani-Askari analysis

For better or for worse the world has drifted into a system of managed floating exchange rates. However, despite a series of economic and political shocks, the experience with floating rates has been reassuring. Recent history provides an interesting backdrop to the Modigliani-Askari argument for sh...

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Bibliographic Details
Main Authors: H.N. GOLDSTEIN, R.L. COHN
Format: Article
Language:English
Published: Associazione Economia civile 2014-01-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11471