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Flexible Exchange Rates as Shock Absorbers

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NBER2003-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9867
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资源简介:
In this paper we analyze empirically the effect of terms of trade shocks on economic performance under alternative exchange rate regimes. We are particularly interested in investigating whether terms of trade disturbances have a smaller effect on growth in countries with a flexible exchange rate
创建时间:
2003-07-01
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