Podcast
Questions and Answers
What is the main difference between the IMF de jure classification and the de facto classification mentioned in the text?
What is the main difference between the IMF de jure classification and the de facto classification mentioned in the text?
- IMF de jure classification focuses on fixed regimes, while de facto classification focuses on dirty floats.
- IMF de jure classification is based on actual policies, while de facto classification is based on announced regimes. (correct)
- IMF de jure classification focuses on hidden pegs, while de facto classification focuses on pure floats.
- IMF de jure classification is based on exchange rates and reserves data, while de facto classification is based on government announcements.
What term is used in the text to describe regimes that have an explicit commitment to a fixed regime but shy away from it?
What term is used in the text to describe regimes that have an explicit commitment to a fixed regime but shy away from it?
- Hollowing out hypothesis
- Fear of floating
- Hidden pegs (correct)
- Pure floats
What type of countries does the hollowing out hypothesis not apply to?
What type of countries does the hollowing out hypothesis not apply to?
- Countries with dirty floats
- Countries with limited access to capital markets (correct)
- Countries with fixed exchange rate regimes
- Countries with pure floats
What is associated with only relatively minor nominal exchange rate volatility according to the text?
What is associated with only relatively minor nominal exchange rate volatility according to the text?
What phenomenon has been observed in conjunction with the recent increase in the number of de jure floats?
What phenomenon has been observed in conjunction with the recent increase in the number of de jure floats?
What term is used to describe exchange rate regimes that have an explicit commitment to a fixed regime but shy away from it?
What term is used to describe exchange rate regimes that have an explicit commitment to a fixed regime but shy away from it?
What has been observed in conjunction with the recent increase in the number of de jure floats, according to the text?
What has been observed in conjunction with the recent increase in the number of de jure floats, according to the text?
What is the main difference between the IMF de jure classification and the de facto classification mentioned in the text?
What is the main difference between the IMF de jure classification and the de facto classification mentioned in the text?
To which type of countries does the 'hollowing out hypothesis' not apply?
To which type of countries does the 'hollowing out hypothesis' not apply?
What, according to the text, is associated with only relatively minor nominal exchange rate volatility?
What, according to the text, is associated with only relatively minor nominal exchange rate volatility?
