哈佛大学教授KENNETH S. ROGOFF 论文之四 THE MODERN HISTORY OF EXCHANGE RATE

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汇率制度现代史：一个新阐释，THE MODERN HISTORY OF EXCHANGE RATE ARRANGEMENTS:A REINTERPRETATION，Reinhart, Carmen，Rogoff, Kenneth，发表于MPRA Paper 14070， Feb 2004，

Abstract

We develop anovel system of reclassifying historical exchange rate regimes. One keydifference between our study and previous classifications is that weemploy monthly data on market-determined parallel exchange rates goingback to 1946 for 153 countries. Our approach differs from the IMFofficial classification (which we show to be only a little better thanrandom), it also differs radically from all previous attempts athistorical reclassification. Our classification points to a rethinkingof economic performance under alternative exchange rate regimes.Indeed, the breakup of Bretton Woods had less impact on exchange rateregimes than is popularly believed.

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关键词：exchange Kenneth Exchang History 哈佛大学教授 Kenneth Rogoff Reinhart Carmen