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Real Effects of Exchange Rate-Based Stabilization: An Analysis of Competing Theories

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NBER1995-07-01 更新2025-01-04 收录
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This paper uses a unified analytical framework to assess, both qualitatively and quantitatively, the relevance of the different hypotheses that have been proposed to explain the real effects of exchange rate-based stabilizations. The four major hypotheses analyzed are: (i) the supply-side effects

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1995-07-01
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