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However, shocks are found to be the determinants of a de facto regime choice.
Exchange rate volatility has a significant impact on trade volumes, and trading partners thus could affect each other's exchange rate regime choice.
We also find sizable costs of tax complexity; agents are not immediately able to understand what the right regime choice is, leave significant money on the table, and learn over time.
POY uses parsimony for optimizing nucleotide homology and congruence for parametric regime choice.
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Moreover, regime choices are influenced by the IMF and regional financial architecture.
It finds that economic fundamentals, financial and political institutional variables provide relevant guidance for de jure regime choices.
This spatial effect among trading partners has been overlooked in empirical studies of countries' exchange rate regime choices.
This paper investigates the choice of exchange rate regime by analyzing both de jure and de facto regime choices for the period 1973 1996.
They have also highlighted the very different choices which countries have made about the design and implementation of their activation regimes, choices which have been strongly determined by different starting points, institutions and culture.
Engagement, then, has two faces: It seeks to offer even the most ruthless regime "the choice of an open door," as the president put it in Oslo.
"It will be the regime's choice if there are any more" military strikes, Davis said.
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