Sterilization and Monetary Control under Pegged Exchange Rates: Theory and Evidence
收藏NBER1980-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w0449
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资源简介:
In veiw of recent strong evidence that substantial sterilization of the monetary effects of reserve flows occurs, a modified monetary approach model is formulated in which central banks exercise no control over their domestic money supply despite their sterilization activities. This model is
提供机构:
美国国家经济研究局
创建时间:
1980-02-01



