Exchange Rate and Current Account Dynamics Under Rational Expectations: An Econometric Analysis
收藏NBER1985-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1576
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资源简介：
An econometric portfolio balance model of an open economy, incorporating exchange rate, price, and current account dynamics, is derived and estimated.The usual stability conditions do not guarantee a unique rational expectations solution, and several proposals for resolving this situation are
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美国国家经济研究局创建时间：
1985-03-01
