The "Thin Film Of Gold": Monetary Rules and Policy Credibility In Developing Countries
收藏NBER2008-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13918
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资源简介：
This paper asks whether developing countries can reap credibility gains from submitting policy to a strict monetary rule. Following earlier work, we look at the gold standard era (1880-1914) as a "natural experiment" to test whether adoption of a rule-based monetary framework such as the gold
提供机构：
美国国家经济研究局
创建时间：
2008-04-01
