Exchange rate policy - Matches
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This paper examines the conduct of exchange rate policy in the Philippines since the early 1980s, paying particular attention to the influence of exch..
Research Paper Series
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The East Asian financial crisis of 1997 has sparked a vigorous debate on the appropriate exchange rate regime that an economy must adopt. Two extreme ..
Policy Notes
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Currency substitution implies the greater share of foreign currency in the asset holdings of domestic residents. Dollarization is the complete replace..
Philippine Journal of Development
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The article presents the arguments on whether the peso is overvalued or not. The Balassa-Samuelson theorem was used as argument against labeling the ..
Development Research News
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Since the late 1960s, there has been strong resistance from several quarters against any form of devaluation. While many empirical studies corroborate..
Working Papers
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Devaluation in the presence of an external debt will generally lead to a fall in real output and a rise in prices. Central to this paper is the model ..
Working Papers
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Since 1970, the Philippines has adopted a flexible exchange rate system that is characterized by a limited rather than full flexibility. This s..
Staff Papers
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The recent move to allow larger peso depreciation has sparked a number of discussions on the state of Philippine economy. DRN’s first issue is devot..
Development Research News
Showing 1-8 of 8 items.