The Exchange Rate as an Industrial Policy
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https://www.nber.org/papers/w32522
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资源简介:
We study the role of exchange rates in industrial policy. We construct an open-economy macroeconomic framework with production externalities and show that the desirability of these policies critically depends on the dynamic patterns of externalities. When they are stronger in earlier stages of
提供机构:
美国国家经济研究局
创建时间:
2024-06-01



