Pricing-to-Market, the Interest-Rate Rule, and the Exchange Rate
收藏NBER2006-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w12699
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资源简介:
Even when the exchange-rate plays no expenditure-switching role, countries may wish to have flexible exchange rates in order to free the domestic interest rate as a stabilization tool. In a setting with nontraded goods, exchange-rate movements may also enhance international risk sharing.
提供机构:
美国国家经济研究局
创建时间:
2006-11-01



