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International Monetary Relations: Taking Finance Seriously

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NBER2017-06-01 更新2025-01-04 收录
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In our book, Global Capital Markets: Integration, Crisis, and Growth, we traced out the evolution of the international monetary system using the framework of the international monetary trilemma: countries can enjoy at most two from the set {exchange-rate stability, open capital markets, and domestic

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2017-06-01
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