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Beyond Competitive Devaluations: The Monetary Dimensions of Comparative Advantage

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NBER2019-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25765
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Motivated by the long-standing debate on the pros and cons of competitive devaluation, we propose a new perspective on how monetary and exchange rate policies can contribute to a countrys international competitiveness. We refocus the analysis on the implications of monetary stabilization for a
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2019-04-01
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