A "Vertical" Analysis of Crises and Intervention: Fear of Floating and Ex-ante Problems
收藏NBER2001-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8428
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资源简介：
Emerging economies are prone to crises triggered by external shocks. During these crises, should the central bank stabilize the currency or domestic interest rates? If the choice is outside the central bank's control, as in a currency board, are there good policy substitutes? We argue that these
提供机构：
美国国家经济研究局
创建时间：
2001-08-01
