Imperfect Asset Substitutability and Monetary Policy under Fixed Exchange Rates
收藏NBER1980-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0485
下载链接
链接失效反馈官方服务：
资源简介：
This paper presents a long-run model of the open economy in a world of fixed exchange rates and imperfect substitutability between bonds denominated in different currencies. The model explicitly accounts for the wealth flow accompanying current-account imbalance and for the flow of interest payments
提供机构：
美国国家经济研究局
创建时间：
1980-06-01
