Exchange Rates, Prices and Money: Lessons from the 1920s
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This paper summarizes the results of an empirical study of the operation of flexible exchange rates during the 1920's under both the hyperinflationary conditions (based on the experience of Germany) and under the normal conditions (based on the experience of Britain, the United States and France)
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美国国家经济研究局创建时间:
1980-02-01



