and Morocco have some type of pegged exchange rate regime. Egypt had a pegged exchange rate until January 29, 2003, when it adopted a floating exchange rate regime. Tunisia and, more recently, Iran ...

Simpler, if less compelling, evidence comes from a comparison of countries that switched to a pegged exchange rate (from a floating regime) or vice versa. Relative to the year preceding the regime ...

Alfaro, Laura, and Sarah Jeong. "Floating the Exchange Rate: In Pursuit of the Chinese Dream." Harvard Business School Case 320-039, November 2019.

We impose coefficient constraints on FW coefficients to detect floating and pegging episodes against ... we link the estimated regime probabilities to a set of economic fundamentals of Asian countries ...