Borrowing to Defend the Exchange Rate and the Timing and Magnitude of Speculative Attacks
收藏NBER1986-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1844
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资源简介：
The paper extends the recent literature on collapsing managed exchange rate regimes by allowing explicitly for the qovernment budget constraint and the interest cost of servicing the public debt. The policy experivent that is analysed is the decision by a government to replenish its stock of foreign
提供机构：
美国国家经济研究局
创建时间：
1986-02-01
