The Real Effects of Foreign Inflation in the Presence of Currency Substitution
收藏NBER1987-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2140
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资源简介：
The paper explores optimizing models of small open economies that hold foreign money balances. Particular attention is paid to the impact of foreign inflation on the real exchange rate and other real variables. At first, an environment in which foreign money is the only traded asset is explored.
提供机构：
美国国家经济研究局
创建时间：
1987-02-01
