Are Exchange Rates Excessively Variable?
收藏NBER1987-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2249
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资源简介：
"Unnecessary variation" is defined as variation not attributable to variation in fundamentals. In the absence of a good model of macroeconomic fundamentals, the question "are exchange rates excessively variable?" cannot be answered by comparing the variance of the actual exchange rate to the
提供机构：
美国国家经济研究局创建时间：
1987-05-01
