A Model of Foreign Exchange Rate Indetermination
收藏数据链接：
官方服务：
资源简介：
Economic agents undertake actions to protect themselves from the short-run impact of foreign exchange rate fluctuations: Nominal goods prices are set in consumers' currencies, and firms hedge foreign exchange risk. A model is presented here which shows that these features of the economy can lead to
提供机构：
美国国家经济研究局创建时间：
1996-09-01
