The EMS, the EMU, and the Transition to a Common Currency
收藏NBER1991-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3684
下载链接
链接失效反馈官方服务：
资源简介：
When central banks are about to relinquish control over their exchange rate and enter into a currency union, the reptutational costs to devaluation are very low. As with any finite-horizon game, the endpoint affects the earlier expectations of private agents, here causing them to demand higher
提供机构：
美国国家经济研究局
创建时间：
1991-04-01
