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Fixed Exchange Rates, Inflation and Macroeconomic Discipline

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NBER1994-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4661
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We use data from Guatemala and Honduras to investigate some implications of the Purchasing Power Parity theory over the long run. In particular, we address two questions. First, to what extent did the fixed exchange rate regime impose macroeconomic discipline on these countries. Second, what was the
创建时间:
1994-02-01
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