Working Paper Series: Special Edition of 2016 to 2018 Interns

Table of Contents 1 Introduction.................................................................................................................... 120 2. Exchange Rate Regimes in Latin America and the Caribbean ........................................ 121 3. Review of Literature ........................................................................................................ 122 4. Data and Methodology ..................................................................................................... 126 5. Empirical Results and Analysis ....................................................................................... 133 5.1 Preliminary Tests............................................................................................................................. 133 5.2 System GMM and Model’s Specifications ...................................................................................... 135 5.3 Empirical Results ............................................................................................................................. 136 5.4 Discussion and Analyses of Results................................................................................................. 136 6. Concluding Remarks ........................................................................................................ 138 References .................................................................................................................................. 139 APPENDIX................................................................................................................................ 142

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