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Dominant Currency Paradigm: A Review

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NBER2021-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29556
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资源简介:
A handful of currencies, especially the US dollar, play a dominant role in international trade. We survey the active theoretical and empirical literature that documents patterns of currency use in global trade, the implications of dominant currencies for international transmission of shocks,
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2021-12-01
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