Persistent Trade Effects of Large Exchage Rate Shocks
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This paper presents a theoretical basis fcr the srgunent that large exchange rate shocks - such as the rise of the dollar from 1980 to 1985 - may shift historical relationships between exchange rates and trade flows. We begin with partial models in which large exchange rate fluctuations lead to
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美国国家经济研究局创建时间：
1986-09-01
