Pricing-to-market, the interest-rate rule, and the exchange rate
We couldn't estimate the reading time for this book.
Author
Contributions
- National Bureau of Economic Research - Contributor
Publication
2006 - National Bureau of Economic Research, Cambridge, MA, Massachusetts
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2006619662
- Open LibraryOL31759809M
Classifications
- LCCHB1
Description
"Even when the exchange-rate plays no expenditure-switching role, countries may wish to have flexible exchange rates in order to free the domestic interest rate as a stabilization tool. In a setting with nontraded goods, exchange-rate movements may also enhance international risk sharing"--National Bureau of Economic Research web site.
Subjects
Series Statement
- NBER working paper series -- working paper 12699
- Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12699.
Links
Reader Reviews
No reviews yet for this book.
Be the first to share your thoughts!