What Drives the Exchange Rate?
收藏NBER2024-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w32008
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资源简介：
We use a general open-economy wedge-accounting framework to characterize the set of shocks that can account for major exchange rate puzzles. Focusing on a near-autarky behavior of the economy, we show analytically that all standard macroeconomic shocks including productivity, monetary, government
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美国国家经济研究局创建时间：
2024-01-01
