Devaluation Risk and the Syndrome of Exchange-Rate-Based Stabilizations
收藏NBER1999-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7014
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资源简介：
This paper shows that the risk of devaluation can be an important factor accounting for the stylized facts of exchange-rate-based stabilizations. This conclusion follows from studying the quantitative implications of a two-sector equilibrium business cycle model of a small open economy calibrated to
提供机构：
美国国家经济研究局
创建时间：
1999-03-01
