Target Zones with Limited Reserves
收藏NBER1990-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3418
下载链接
链接失效反馈官方服务：
资源简介：
Like a fixed exchange rate, a target zone system may be subject to speculative attacks when the reserves of the central bank are limited. This paper analyzes such speculative attacks and their implications; it shows that the recently developed "smooth pasting" model of target zones should be viewed
提供机构：
美国国家经济研究局
创建时间：
1990-08-01
