Construct · 1 fields · 1 citations

fear of floating: a standalone construct

One name. One construct. A landmark on the map.

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International economics

countries that claim to float their currencies but in practice intervene heavily to limit exchange rate swings.

In international economics, fear of floating refers to countries that claim to float their currencies but in practice intervene heavily to limit exchange rate swings. This meaning comes from Calvo (2002) in The Quarterly Journal of Economics.[1]

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Nearby constructs

exchange4 fields · 7 citationsjingle · one word, four constructs float3 fields · 3 citationsjingle · one word, three constructs limit3 fields · 3 citationsjingle · one word, three constructs

References

Calvo, G. A., & Reinhart, C. M. (2002). Fear of Floating. The Quarterly Journal of Economics, 117(2), 379-408. https://doi.org/10.1162/003355302753650274

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