Explaining the Duration of Exchange-Rate Pegs
收藏NBER1994-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4651
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资源简介：
This paper is a theoretical and empirical investigation into the duration of exchange-rate pegs. The theoretical model considers a policy-maker who must trade off the economic costs of real exchange- rate misalignment against the political cost of realignment. The optimal time to spend on a peg is
提供机构：
美国国家经济研究局创建时间：
1994-02-01
