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Reverse Speculative Attacks

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NBER2016-06-01 更新2025-01-04 收录
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In January 2015, in the face of sustained capital inflows, the Swiss National Bank abandoned the floor for the Swiss Franc against the Euro, a decision which led to the appreciation of the Swiss Franc. The objective of this paper is to present a simple framework that helps to better understand the

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2016-06-01
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