Are Hard Pegs Ever Credible in Emerging Markets? Evidence from the Classical Gold Standard
收藏NBER2009-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15401
下载链接
链接失效反馈官方服务：
资源简介：
We test whether fixed exchange rate regimes are ever credible in emerging markets by analyzing the behavior of short-term domestic trade bills across countries during the classical gold standard period, the most widely used hard peg in modern financial history. We exploit the fact that global
提供机构：
美国国家经济研究局
创建时间：
2009-10-01
