China–US trade flow behavior: the implications of alternative exchange rate measures and trade classifications
نویسندگان
چکیده
منابع مشابه
Trade and Welfare under Alternative Exchange-Rate Systems
This paper evaluates the two standard alternative exchange rate regimes, fixed and flexible, in a stochastic dynamic general equilibrium two-country setting. Conventional wisdom holds that countries often prefer low exchange-rate variability to stabilize trade. This may explain the observed ’fear of floating’ in emerging markets: although most of them claim to adopt a flexible system, in realit...
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ژورنال
عنوان ژورنال: Review of World Economics
سال: 2015
ISSN: 1610-2878,1610-2886
DOI: 10.1007/s10290-015-0232-y