Debt Deleveraging and The Exchange Rate
收藏NBER2012-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w17944
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资源简介:
Deleveraging from high debt can provoke deep recession with significant international side effects. The exchange rate of the deleveraging country will depreciate in the short run and appreciate in the long run. The real interest rate will fall by more than in the rest of the world. Bounds and
提供机构:
美国国家经济研究局
创建时间:
2012-03-01



