Interest Rates and the Exchange Rate: A Non-Monotonic Tale
收藏NBER2008-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13925
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资源简介：
What is the relationship between interest rates and the exchange rate? The empirical literature in this area has been inconclusive. We use an optimizing model of a small open economy to rationalize the mixed empirical findings. The model has three key margins. First, higher domestic interest rates
提供机构：
美国国家经济研究局
创建时间：
2008-04-01
