| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP856 |
| DP856 Phasing in and Phasing Out Protectionism with Costly Adjustment of Labour | |
| Larry Karp; Thierry Paul | |
| 发表日期 | 1993-12-31 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | Realignment expectations which measure exchange rate credibility are analysed for European exchange rates using daily financial data since the inception of the EMS. It is difficult to find economically meaningful relationships between realignment expectations and macroeconomic variables, although there are signs that lower inflation improves credibility. Statistically, many movements to realignment expectations are common to ERM participants. There were few indications of poor ERM credibility before late August 1992; the dimensions of the currency crisis of September 1992 appear to have taken both policy-makers and private agents largely by surprise. |
| 主题 | International Macroeconomics |
| 关键词 | Currency crisis Ems Erm Expectations Realignment |
| URL | https://cepr.org/publications/dp856 |
| 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/530007 |
| 推荐引用方式 GB/T 7714 | Larry Karp,Thierry Paul. DP856 Phasing in and Phasing Out Protectionism with Costly Adjustment of Labour. 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 |
| [Larry Karp]的文章 |
| [Thierry Paul]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Larry Karp]的文章 |
| [Thierry Paul]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Larry Karp]的文章 |
| [Thierry Paul]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。
