A Theory of Fear of Floating
收藏NBER2023-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30897
下载链接
链接失效反馈官方服务：
资源简介：
Many central banks whose exchange rate regimes are classified as flexible are reluctant to let the exchange rate fluctuate. This phenomenon is known as fear of floating. We present a simple theory in which fear of floating emerges as an optimal policy outcome. The key feature of the model is an
提供机构：
美国国家经济研究局
创建时间：
2023-01-01
