Capital Mobility and Devaluation in an Optimizing Model with Rational Expectations
收藏NBER1980-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w0557
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资源简介:
This paper examines the effects of ex-change-rate policies when individuals maximize lifetime utility on the basis of rational expectations about the future. The economy studied is one in which the authorities allow free mobility of capital under a crawling-peg exchange-rate regime. Many
提供机构:
美国国家经济研究局
创建时间:
1980-10-01



