cam a22 2 b4500 530137224 CHVBK 20201027044404.0 m d cr |n |||||||| 130723e20000101dcu s|||| 0 |eng|d 978-1-4518-4373-6 1-4518-4373-9 (Trade Paper) : USD 15.00 Retail Price (Publisher) (SERSOL)ssj0001477349 (WaSeSS)ssj0001477349 BIP US WaSeSS Ghosh Atish R. Author The Interest Rate-Exchange Rate Nexus in the Asian Crisis Countries [Elektronische Daten] Washington International Monetary Fund Jan. 2000 1 online resource (36 p.) Free full text available for some or all content. Article availability is subject to change without notice, according to publisher decision. Die Verfügbarkeit der Online-Ressourcen ist Entscheidung des Verlags oder des Urhebers und kann ohne vorherige Ankündigung geändert werden. Annotation Sharp exchange rate depreciations in the East Asian crisis countries (Indonesia, Korea, and Thailand) raised doubts about the efficacy of increasing interest rates to defend the currency. Using a standard monetary model of exchange rate determination, this paper shows that tighter monetary policy was in fact associated with an appreciation of the exchange rate. Moreover, there is little evidence of higher real interest rates contributing to a widening of the risk premium. Basurto Gabriela Author http://elibrary.imf.org/view/IMF001/07098-9781451843736/07098-9781451843736/07098-9781451843736.xml Volltext frei zugänglich BK020053 XK020053 XK020000 IMF E-Library E-Books von 360MarcUpdates IDSBB FREE FREE OL NELFREE2004 IDSBB 100 1- Ghosh Atish R. Author IDSBB 700 1- Basurto Gabriela Author IDSBB 856 40 http://elibrary.imf.org/view/IMF001/07098-9781451843736/07098-9781451843736/07098-9781451843736.xml Volltext frei zugänglich SWISSBIB 488057442