Offset and Sterilization Under Fixed Exchange Rates With An Optimizing Central Bank
收藏NBER1988-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2777
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资源简介：
The traditional approach to the estimation of the offset and sterilization equations can be criticized for the ad-hoc specification of the reaction function of the monetary authorities and the endogeneity of the domestic credit and foreign reserve variables in the estimated equations. The paper
提供机构：
美国国家经济研究局
创建时间：
1988-11-01
