Sudden Stops, the Real Exchange Rate, and Fiscal Sustainability: Argentina's Lessons
收藏NBER2003-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9828
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资源简介：
We offer an alternative explanation for the fall of Argentina's Convertibility Program based on the country's vulnerability to Sudden Stops in capital flows. Sudden Stops are typically accompanied by a substantial increase in the real exchange rate that breaks havoc in countries that are heavily
提供机构：
美国国家经济研究局
创建时间：
2003-07-01
