Monetary Regime Choice in Singapore: Would a Tayor Rule Outperform Exchange-Rate Management?
This paper adopts a dynamic stochastic general equilibrium-vector autorgressive (DSGE-VAR) approach to examine the managed exchange-rate system at work in Singapore. We examine if the country has any reason to fear floating the exchange rate and adopting a Taylor rule. Our results show that, in term...
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Main Authors: | CHOW, Hwee Kwan, Lim, G.C., McNelis, P. |
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格式: | text |
語言: | English |
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Institutional Knowledge at Singapore Management University
2013
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在線閱讀: | https://ink.library.smu.edu.sg/soe_research/1474 https://ink.library.smu.edu.sg/context/soe_research/article/2473/viewcontent/2012_11_22_eltville_02_guay_paper.pdf |
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機構: | Singapore Management University |
語言: | English |
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