Pegxit Pressure: Evidence from the Classical Gold Standard
收藏NBER2016-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w22844
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资源简介:
We develop a simple model that highlights the costs and benefits of fixed exchange rates as they relate to trade, and show that negative export-price shocks reduce fiscal revenue and increase the likelihood of an expected currency devaluation. Using a new high-frequency data set on commodity-price
提供机构:
美国国家经济研究局
创建时间:
2016-11-01



