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Exchange Rate Volatility and Misalignment: Evaluating Some Proposals for Reform

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NBER1989-03-01 更新2025-01-04 收录
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In this paper, we analyze several proposals for reducing the volatility and/or misalignment of key-currency exchange rates. The proposals examined are a system of target zones, the imposition of controls or taxes on international capital flows, and a strengthening of international coordination over

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1989-03-01
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