Monetary Stabilization, Intervention and Real Appreciation
收藏NBER1980-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0472
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资源简介：
This paper investigates the adjustment process to a reduction in the rate of credit creation in an open, flexible exchange rate economy. The framework of analysis is one of rational expectations with respect to interest rates, inflation and depreciation. The special feature of the model is the role
提供机构：
美国国家经济研究局
创建时间：
1980-04-01
