Exchange Rate Policies at the Zero Lower Bound
收藏NBER2017-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23266
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资源简介：
We study the problem of a monetary authority pursuing an exchange rate policy that is inconsistent with interest rate parity because of a binding zero lower bound constraint. The resulting violation in interest rate parity generates an inflow of capital that the monetary authority needs to absorb by
提供机构：
美国国家经济研究局
创建时间：
2017-03-01
