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Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar period

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NBER2004-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10393
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The interwar period was marked by the end of the classical gold standard regime and new levels of macroeconomic disorder in the world economy. The interwar disorder often is linked to policies inconsistent with the constraint of the open-economy trilemma the inability of policymakers simultaneously
提供机构:
美国国家经济研究局
创建时间:
2004-03-01
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