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The limits of exchange rate as nominal anchor: evidence from the 1999-2005 ukrainian experienceDespite its adoption of a nominal-anchor exchange-rate policy during the period 1999-2005, Ukrainian financial markets were subject to substantial premia in interest rates on interbank markets relative...
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The south african monetary policy and inflation targeting as a nominal anchor: does the monetary policy become more effective?This study investigates whether the South African inflation-targeting (IT) framework has performed the role of the nominal anchor and the process through which the monetary authority determines its instrument in the economy....
Does the choice of nominal anchor matter? *... Does the Choice of Nominal Anchor Matter? JEL classification codes: F41, F31, E32....
The role of entrepot trade in the choice of a nominal anchor for hong kongThis paper adds a new perspective to the literature of monetary standard by establishing a link between re-exports and the choice of nominal anchor....
Nominal anchor exchange rate policies as a domestic distortionThis paper analyzes a nominal anchor exchange rate policy as a domestic distortion, in the tradition of international trade theory....

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