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Summary and Appraisal

Published online by Cambridge University Press:  26 March 2020

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Abstract

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Type
Articles
Information
National Institute Economic Review , Volume 85 , August 1978 , pp. 3 - 5
Copyright
Copyright © 1978 National Institute of Economic and Social Research

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References

(1) There is not space here to rehearse all the arguments relating to different exchange rate regimes, on which there is an extensive literature. Two fairly recent useful surveys of different aspects are: E. Tower and T. D. Willett, The theory of optimum currency areas and exchange-rate flexibility, Special Paper in International Economics no. 11, Princeton, 1976; and A. D. Crockett and M. Goldstein, ‘Inflation under fixed and flexible exchange rates’, IMF Staff Papers, November 1976.