See:international Monetary toed, exchange Arrangements A exchange resot;`,nAnnualreport. p, a mgton. IMF 1980, 1990, and 1994 ,.„
See:Elhanan Helpmen. An Expgoration in the Theo, of cel t" economy, not 89, No. 5, 1981,. pp 866.
See: Petti Haparnanta, Dual Exchange Markets and intervention, Canadian rrli Sr.'„,-nc of economics, No 4, 1988, PP. 814-825.
See: Joshoa Aizenman. Monetary and Real shocks, Productive Capacity a arijSeC EAchange rate regimes, economica, No.61, 1994, pp.410 & 419.
Donald 0• Mathieson. Is there an optimal Crawl? Journal of re unional economics. No 6, 1976, pp.
See:Robert Pflood, Jagdeep S. Rhandari and Jocelyn P.I tome, Evolution o o7,,,,hange rate regimes, IMF Staff Papers, Vol. 36, No 4, 1989, PP. 823.
See:Michael Bleaney, Price and Monetary Dynamics Under Alternative ' ,, ,,hange rate regimes, IMF working paper, No. 67, 1999, PP. 7. g
See: Stephen J. Turnovsky, The Relative Stability of Alternative Exchange - Rate Systems in the Persence of Random Disturbance, Journal of Money , Credit and Banking, Vol.8. 1976, PP.26-50.
see. Also: furnovsky, Exchange Market Intervention Under Alternative forms of Exogenous Disturbances, Journal of International Economics, 17, 1984, PP, 287.
see: Done Rober and Stephan J.Turnovsky, optimal exchange market Intervention in a simple stochastic macro model, Ganadian Gournal of Economics, No. 2, 1980, PP. 303.
See: Robert P. Flood and Nancy P.Marion, the transmission of disturbances under alternative exchange rate regimes with optimal indexing, Quaterly Journal of exonomics, February 1982, PP. 43-66.
See: Yun — Peny chat, ching — chong lai, wen — Tcong hum and wen — ya .hang, exchange rates intervention and capital mobility control journal of development economics, No. 23, 1986, PP. 121. 12.
See: Victor Argy, choice of exchange rate regime for a smaller economy: A survey of some key issues, PP. 39, In shooting an exchange Rate regime, v. ArD P.de Grauwe (ed) Washington: International Monetary fund. 1990. 13.
Sec: Richard C.Marston, Wages, Relative prices and the choice between fixed and flexible exchange rates, Canadian journal of economics, No. 1, 1982, PP. 87-103.
see: Andrew berg and Eduardo Borenszation, the choice of exchange tate regime and monetary target in highly dollarized economices, IMF Working Paper, No. 29,2000,PP .27& 28.
See: Peter lsard, realignment expectations, forward rate bias, and intervention in an optimizing model of excganye rate Adjustment, IMF Staff Papers, Vol. 41, No. 3, 1994, PP. 443.
See. Stanley F. fisher, stability. and exchange rate systems in a 16 - °tithe balance of payments, in R. Aliber (cd) rhe political 050,,,'," Ilnoneiary reform, Newjersy Allanheld, osmun, and Montclair, 19,-C".0 r
Sec Jacob A. Frenkel and Joshua airenrnan, aspects of the n„;, management of exchange rates, journal of international economies. 1982, PP. 216. N[)
See, Rotten, F Flood, capital mobility and the choice of exchange system, international economic review, vol. 20, pp. 405.16, 1979.
See: Ramon Moreno, exchange rale policy and insulation front shocks: the cases of KM. and Taiwan, 1970-1990, PP. 138-158, in ri click and Michael M.Hutchison, exchange rate policy and interdepenYe'en perspectives from the pacific basin, Cambridge university mnsces, Cambridge, 1994.
see; john pitchford, bnde price shocks and insulation: Austral. ' experience with floating rates, PP. 159-175, in reuven glick and Michael M.Hutchison, Ibid.
See: Adrian Blundell- Wignall and Robert G. Gregory•, exchange rate fey M advanced commodity — exchange countries: Australia and new:gland. pp. 237, at v.argy and Mc riu•c(ed), ibid.
See: Stephen J. turnovsky, wage indexation and exchange market intervention in a small open economy, Canadian journal of economics, vol. 21. no. 4, pp. 574-92, 1983.
See: Joshua, aizenman and Jacob, a. frenkcl, optimal wage indexation, foreign exchang intervention, and monctory policy the American economic review, vol. 75, no. 3, pp.409, 1985.
Stanley, W.Black, exchange policies for less developed countries in a world of floating rates, essays in international finance NO. 119, 1976, biome peter wickhtun, the choice of exchange rate regime in developing countries, IMF staff papers, no. 32, p. 266, 1965.
See: Leslie, lopschits, exchange rote policies for developing countries: some simple arguments for intervention, IMF. Start papers, vol, 25, pp. 650-75,1978.
See: Rudiger, Dornbusch, PPP exchange-rate rules and macroeconomic stability, journal of political economy, vol. 90, no. 1, PP. 193, 1982.
See: Alessandro Penati, Monetary Targets, Real Exchange Rates and Macro Stability, Euopean Economic review, No.28, PP.138, 1985.
Donald, Jrnathieson and liliana rojas — snare, financial market integration and exchange rate policy, pp. 101, in v.argy and pegrauwe(ed), ibid.
Friodman 'Ile Case for Fleaible Exchange Rates, PP.157-203, In Essags in positive Economics University of Chicage Press, Chicago, 1953.
Robert, A.Mundell a theory of optim. currency areas, American economic review 51, 1961 b.,PP. 657-65 in peter Isard, exchange rate economics, second published, Cambridge, Cambridge university Press 1997 pp. 191.
Ronald,Mckinnon, optimum currency area, American economic review, 53.1963, PP. 717-25
see; WiIliam.11. Branson and lank, 1, Katse Papaefstration, exchange 3.. we policy in developing countries, PP 391.419, 1 he World economic 4, past and prospects, firstp„ p. sven (oassman and erik lundberg, MacMillan, London, 1981
see M.obstleld and K.RogolT, the mirage of fixed exchange rates, journal of economic perspectives. vol 9, 1995, pp. 73.96,
Peter J Monuel and Jonatthan 0.0stry, Real exchange rate targeting under capital controls, can money provide a nominal aanchor? IMF staff papers, 39. No.1, pp. 58- 78, 1992.
Robert Mundell, A theory' of optimum curreny area Ibid.
Sec: Peter Kellen, the theory of optimum currency areas: an eclectic view, pp. 41-60in monetary problems of the intenational economy; first published; R. Mundell and A.swohodafeds), trniversity of Chicago press, Chicago; 1969.
peter, kenen, Ibid.
sec IMF; Using exchange rate anchors in adjusunent programs when and How.? IMF surveys, vol 24, I995b, PP. 361.63-40.
and See: C.Vegh, stopping high inflation. an analytical overview., IMF staff papers. vol 39, 1992, PP.626-95.
See A. Velasco, when are fixed exchange rates really fixed? NBER working paper 5842, 1996.
C. Good hart, the political of monetary union; P.p. 448-505, in understanding interdependence: the macroeconomics of the open economy; P.Kener(ed), Princeton university press; Princeton, NEW jersey; 1995.
See: S. Edvards, two crises.. Inflationary interns and credibility, the economic journal, 108, 1998, pp. 680-702. and see: s. fisher, Real Balances, the exchange rate and indexation: real variables in disinflation, Quarterly journal of economics, Vol. 103, No.l, 1988, pp. 27-49.
R. Flood, RN. Marion, The transmission of disturbances under alternative exchange rate regimes with optional indexing, Ibid, PP.43-66.
V.Argy, Ibid, PP. 37-38.
R. Flood & N.Marion, exchange rate regime choicec, Ibid, PP. 830