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Financial Intermediation, Exchange Rates, and Unconventional Policy in an Open Economy

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NBER2012-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18431
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This paper develops an open economy model in which financial intermediation is subject to occasionally binding collateral constraints, and uses the model to study unconventional policies such as credit facilities and foreign exchange intervention. The model highlights the interaction between the
提供机构:
美国国家经济研究局
创建时间:
2012-10-01
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