NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Nature of Exchange Rate Regimes

Michael W. Klein, Jay C. Shambaugh

NBER Working Paper No. 12729
Issued in December 2006

---- Acknowledgements -----

We thank Eric Edmonds, Philip Lane, our discussant Christian Broda and participants at the NBER IFM program meetings, IIIS Trinity College Dublin, and the Dartmouth International Brown Bag for helpful discussion and Pooneet Kant for research assistance. We also thank Federico Sturzenegger, Carmen Reinhart, and Barry Eichengreen for making their data available on their website. All errors are ours. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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