Vehicle Currencies And the Structure Of International Exchange
收藏NBER1979-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0333
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资源简介：
This paper is concerned with the reasons why some currencies, such as the pound sterling and the U.S. dollar, have come to serve as "vehicles" for exchanges of other currencies. It develops a three-country model of payments equilibrium with transaction costs, and shows how one currency can emerge as
提供机构：
美国国家经济研究局
创建时间：
1979-04-01
