| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4336 |
| DP4336 Tobin's Imperfect Asset Substitution in Optimizing General Equilibrium | |
| Javier Andrés; J David López-Salido; Edward Nelson | |
| 发表日期 | 2004-03-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | This Paper analyses the choices of exchange rate regimes in developing countries since 1980. Static and dynamic random-effects multinomial panel models are estimated using simulation-based techniques. Explanatory variables include OCA fundamentals, stabilization considerations, currency crises factors, and political and institutional features. The results reveal strong state dependence in regime choices. |
| 主题 | International Macroeconomics |
| 关键词 | Exchange rate regimes Developing countries Multinomial logit model Static and dynamic panel Simulation |
| URL | https://cepr.org/publications/dp4336 |
| 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/533295 |
| 推荐引用方式 GB/T 7714 | Javier Andrés,J David López-Salido,Edward Nelson. DP4336 Tobin's Imperfect Asset Substitution in Optimizing General Equilibrium. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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