Exchange-Rate Systems and Interest-Rate Behavior: The Experience of Hong Kong and Singapore

• المؤلفون الرئيسيون: TSE, Yiu Kuen, YIP, Paul S. L.
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2002
• الموضوعات: Asian Studies; Econometrics; Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soe_research/1132; https://ink.library.smu.edu.sg/context/soe_research/article/2131/viewcontent/HK_SG.pdf
• المؤسسة: Singapore Management University

In this paper we consider the implications of the two different exchange-rate systems in Hong Kong (HK) and Singapore (SP) on the economic performance of these two economies. While HK has a pegged exchange-rate regime under a currency board system (CBS), SP has a managed-float system with monitoring...