Rational Speculative Bubbles in an Exchange Rate Target Zone
收藏NBER1990-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3467
下载链接
链接失效反馈官方服务:
资源简介:
The recent theory of exchange rate dynamics within a target zone holds that exchange rates under a currency bard are less responsive to fundamental shocks than exchange rates under a free float, provided that the intervention rules of the Central Bank(s) are common knowledge. These results are
提供机构:
美国国家经济研究局
创建时间:
1990-10-01



