The Mirage of Fixed Exchange Rates
收藏NBER1995-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5191
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资源简介:
This paper discusses the profound difficulties of maintaining fixed exchange rates in a world of expanding global capital markets. Contrary to popular wisdom, industrialized-country monetary authorities easily have the resources to defend exchange parities against virtually any private speculative
提供机构:
美国国家经济研究局
创建时间:
1995-07-01



