Trade Wars and the Optimal Design of Monetary Rules
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https://www.nber.org/papers/w32451
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资源简介：
Monetary rules may have a large effect on the outcome of trade wars if central banks target the CPI inflation rate or more generally changes in the relative price of traded goods. We lay out a two-country open-economy model with sticky prices where countries engage in trade wars. In the presence of
提供机构：
美国国家经济研究局
创建时间：
2024-05-01
