Exchange Rates as Nominal Anchors
收藏NBER1992-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4246
下载链接
链接失效反馈官方服务:
资源简介:
This paper discusses the use of nominal exchange rates as nominal anchors in stabilization programs. The first part deals with the dynamics of inflation in highly indexed economies. It is shown that credible exchange rate anchors will reduce the degree of inflationary inertia. However, if some
提供机构:
美国国家经济研究局
创建时间:
1992-12-01



