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Fixed Versus Flexible Exchange Rates

1986
The problem of the best exchange-rate regime (fixed or flexible exchange rates) was the subject of a heated debate in the fifties and sixties, which — among other things — also produced a series of proposals for intermediate or limited-flexibility regimes. It was a debate based mainly on theoretical arguments, because — as the prevailing regime at that
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Is Fixed Exchange Rates the Problem and Flexible Exchange Rates the Cure? [PDF]

, 2007
Since the breakdown of the Bretton Woods system in 1973, orthodox economists have promoted the conventional view that freely fluctuating exchange rates in a laissez-faire market system are efficient. Every well-trained mainstream economist, whose work is logically consistent with classical theory “knows” that the beneficial effects of a freely flexible
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Foreign exchange futures prices under fixed exchange rates

Journal of International Economics, 1983
Abstract This paper develops three models for the determination of foreign exchange futures prices under fixed exchange rates and expectations of devaluation. These models show that certain characteristics of futures prices behavior that have been used as proof of inefficiency may be present even if the market is efficient.
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Exchange Rates: Fixed and Floating

1996
Exchange rates are essentially a monetary phenomenon because an exchange rate is the price at which the currency of one country is exchangeable for another. The main causal influences on exchange rates are money and interest, although real economic activity, and the expected returns on real assets (as well as financial ones) also have a bearing.
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Fixed Vs Flexible Exchange Rates

2002
It may seem that the old debate on fixed and flexible exchange rates has been made obsolete by international monetary events, as the international monetary system abandoned the Bretton Woods fixed exchange rate regime (of the adjustable peg type) in the early 1970s, and is now operating under a managed float regime mixed with others (see Sect.
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Bretton Woods Fixed Exchange Rate System versus Floating Exchange Rate System [PDF]

, 2011
One of the most important issues of monetary policy is to find out whether the state should intervene among the exchange rates, taking into account the fact that changes in the exchange rates represent a significant transmission channel of the effects generated by the monetary policy. Taking into consideration the failure of fixed exchange rate regimes
Geza, Paula, Giurca Vasilescu, Laura
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Determinants of fixed exchange rate regime

2013
This paper has an aim to assess the potential factors related to higher probability of fixed exchange rate regime. The explanatory variables will be derived from four theoretical approaches: OCA theory, Mundell-Fleming model, financial crises and institutionally-political view. The given hypothesis will be veryfied on the basis of probit model. It will
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Fixed Exchange Rates

2020
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fixed exchange rates

1987
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Free Versus Fixed Exchange Rates

The Journal of Portfolio Management, 1977
Milton Friedman, Robert V. Roosa
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