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Flexible Exchange Rates and Interdependence

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NBER1982-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1035
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The paper was prepared for the NBER-IMF conference on Exchange Rate Policy and Interdependence. It reviews the experience with flexible exchange rates and the main policy alternatives that have been suggested. The theoretical part develops a modern open economy macro model with an emphasis on
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1982-11-01
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