Conditional PPP and Real Exchange Rate Convergence in the Euro Area
收藏NBER2016-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21979
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资源简介:
While economic theory highlights the usefulness of flexible exchange rates in promoting adjustment in international relative prices, flexible exchange rates also can be a source of destabilizing shocks. We find that when countries joining the euro currency union abandoned their national exchange
提供机构:
美国国家经济研究局
创建时间:
2016-02-01



