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What Happens When Countries Peg Their Exchange Rates? (The Real Side of Monetary Reforms)

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NBER1997-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6168
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There is a well-known set of empirical regularities that describe the experience of countries that peg their exchange rate as part of a macroeconomic adjustment program. Following the peg economies tend to experience an increase in GDP, a large expansion of production in the non-tradable sector, a
创建时间:
1997-09-01
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