Fidrmuc, Jarko; Senaj, Matúš - In: Czech Journal of Economics and Finance (Finance a uver) 56 (2006) 1-2, pp. 40-57
increases the probability of more flexible regimes. Finally, the authors present probabilities of adoption of various exchange-rate … regimes for selected countries. The results confirm the preference for more rigid exchange-rate regimes (e.g. monetary union …