A Simple Test of the Effect of Interest Rate Defense
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下载链接:
https://www.nber.org/papers/w12616
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资源简介:
High interest rates to defend the exchange rate signal that a government is committed to fixed exchange rates, but may also signal weak fundamentals. We test the effectiveness of the interest rate defense by disaggregating into the effects on future interest rates differentials, expectations of
提供机构:
美国国家经济研究局
创建时间:
2006-10-01



