Parallel Digital Currencies and Sticky Prices
收藏NBER2021-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28300
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资源简介：
The rise of digital currencies may result in domestic parallel currencies. Their exchange rate shocks will present a new challenge for monetary policy. We analyze these issues in a New Keynesian framework, where firms can set prices in one of the available currencies. Price rigidity translates a one
提供机构：
美国国家经济研究局
创建时间：
2021-01-01
