Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP838 |
DP838 Fixing Exchange Rates: A Virtual Quest for Fundamentals | |
Robert P Flood; Andrew Rose | |
发表日期 | 1993-09-30 |
出版年 | 1993 |
语种 | 英语 |
摘要 | Fixed exchange rates are less volatile than floating rates. The volatility of macroeconomic variables, such as money and output, does not change very much across exchange rate regimes, however. This suggests that exchange rate models based only on macroeconomic fundamentals are unlikely to be very successful. It also suggests that there is no clear trade-off between reduced exchange rate volatility and macroeconomic stability. |
主题 | International Macroeconomics |
关键词 | Exchange rates Fixed Floating Monetary Regime Structural Traditional Volatility |
URL | https://cepr.org/publications/dp838 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529989 |
推荐引用方式 GB/T 7714 | Robert P Flood,Andrew Rose. DP838 Fixing Exchange Rates: A Virtual Quest for Fundamentals. 1993. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Robert P Flood]的文章 |
[Andrew Rose]的文章 |
百度学术 |
百度学术中相似的文章 |
[Robert P Flood]的文章 |
[Andrew Rose]的文章 |
必应学术 |
必应学术中相似的文章 |
[Robert P Flood]的文章 |
[Andrew Rose]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。