The Optimal Weighting of Indicators for a Crawling Peg
收藏NBER1980-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w0527
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资源简介:
This paper derives optimal weights for current-account and reserve indicators for adjusting the exchange rate (a "crawling peg"). Keven (1975)showed that use of a current account indicator alone would not stabi1iereserves, while a reserve indicator results in unstable fluctuations in the exchange
提供机构:
美国国家经济研究局
创建时间:
1980-08-01



