Fear of Appreciation and Current Account Adjustment
收藏NBER2022-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30281
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资源简介：
This paper finds that limited exchange rate flexibility in the form of fear of appreciation slows adjustment of current account imbalances, providing a novel perspective on Friedmans conjecture regarding exchange-rate flexibility. We present evidence that countries classified as more flexible have
提供机构：
美国国家经济研究局
创建时间：
2022-07-01
