Pricing Currency Risk: Facts and Puzzles from Currency Boards
收藏NBER2002-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9047
下载链接
链接失效反馈官方服务：
资源简介：
Hard pegs, such as currency boards, intend to reduce or even eliminate currency risk. This paper investigates the patterns and determinants of the currency risk premium in two currency boards -- Argentina and Hong Kong. Despite the presumed rigidity of currency boards, the currency premium is almost
提供机构：
美国国家经济研究局创建时间：
2002-07-01
