The Business Cycles of Balance-of-Payment Crises: A Revision of Mundellan Framework
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https://www.nber.org/papers/w7045
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资源简介：
In his seminal 1960 article Robert Mundell proposed a model of balance-of-payments crises in which confidence in the continuation of a currency peg depended on the observed holdings of central bank foreign reserves. We examine the implications of a reformulation of this view from the perspective of
提供机构：
美国国家经济研究局
创建时间：
1999-03-01
