The Optimal Currency Area in a Liquidity Trap
收藏NBER2013-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w19588
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资源简介:
Open economy macro theory says that when a country is subject to idiosyncratic macro shocks, it should have its own currency and a flexible exchange rate. But recently in many countries policy rates have been pushed down close to the lower bound, limiting the ability of policy-makers to accommodate
提供机构:
美国国家经济研究局
创建时间:
2013-10-01



