International Risk Sharing and the Choice of Exchange-Rate Regime
收藏NBER1982-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0842
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资源简介：
This paper examines the argument that the fixed exchange rate regime should be preferred to the flexible rate regime because the former allows risk sharing across countries while the latter does not. The analysis is performed in a two-country overlapping generations model, where markets are
提供机构：
美国国家经济研究局
创建时间：
1982-01-01
