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Exchange Rate Regimes in the Modern Era$
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Michael W. Klein and Jay C. Shambaugh

Print publication date: 2009

Print ISBN-13: 9780262013659

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262013659.001.0001

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PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 26 September 2021

Exchange Rate Regimes in the Modern Era

Exchange Rate Regimes in the Modern Era

Chapter:
(p.2) (p.3) 1 Exchange Rate Regimes in the Modern Era
Source:
Exchange Rate Regimes in the Modern Era
Author(s):

Michael W. Klein

Jay C. Shambaugh

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262013659.003.0001

This chapter gives a brief overview of the important questions surrounding the exchange rate regimes in the modern era. These are questions about the exchange rate regime choices, their nature and consequences. The question of the implications of exchange rate regime choice was initiated and instigated by the exchange rate volatility being higher than what experts had anticipated. The chapter gives a concise introduction to each chapter in the book and how these chapters affect the surrounding topic and theme, and how they answer the questions raised. These topics are classic questions in the area of international finance, which have recently changed with the coming of the modern era. The overall objective of the research and studies conducted in the book is to help in creating a better understanding of the modern era as well as expand our knowledge of international finance.

Keywords:   exchange rate regimes, modern era, exchange rate volatility, international finance, exchange rate regime choice

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