Trade War and the Dollar Anchor
收藏NBER2025-10-01 更新2025-10-11 收录
下载链接：
https://www.nber.org/papers/w34332
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资源简介：
We develop a general-equilibrium model in which the safety of a country's currency and the choice of its exchange-rate regime arise endogenously. Calibrated to pre-2025 data, the model replicates the U.S. dollars safety premium, low Treasury yields, and its status as the world's anchor currency.
提供机构：
美国国家经济研究局
创建时间：
2025-10-01
