Real aspects of exchange rate regime choice with collapsing fixed rates
نویسندگان
چکیده
منابع مشابه
Real Aspects of Exchange Rate Regime Choice with Collapsing Fixed Rates
Typical evaluations of the choice of exchange rate regime examine the performance or the real economy and assume that the regimes last indetinitely. In contrast, actual regimes are quite transitory. This paper examines how the predictions of two popular models for the determination of some real economic variables must be modified when agents rationally perceive that a lixed rate regime will be ...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 1986
ISSN: 0022-1996
DOI: 10.1016/0022-1996(86)90037-1