Do the Benefits of Fixed Exchange Rates Outweigh Their Costs? The Franc Zone in Africa
收藏NBER1991-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3727
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资源简介：
We develop a simple formal framework to clarify the trade-offs involved in the choice between a fixed and flexible exchange-rate system. We then apply the framework to the CFA Zone countries in Africa, which have maintained a fixed parity with the French Franc since independence. Thanks to the
提供机构：
美国国家经济研究局
创建时间：
1991-06-01
