| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27975 |
| 来源ID | Working Paper 27975 |
| Milton Friedman and Exchange Rates in Developing Countries | |
| Sebastian Edwards | |
| 发表日期 | 2020-10-26 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Milton Friedman’s famous 1953 essay, “The case for flexible exchange rates,” deals entirely with advanced nations. An interesting question is what Friedman thought about exchange rate and monetary regimes in emerging economies. In this paper I investigate how his views on the subject evolved through time. I analyze speeches, articles, and interviews. I examine his archives for correspondence and unpublished manuscripts. I show that for him flexible rates were a second best solution for middle income and poor nations. I also analyze Friedman’s role in Chile’s failed attempt, during the Pinochet regime, at using a fixed exchange rate to stabilize the economy and eliminate inflation. |
| 主题 | Other ; History of Economic Thought ; International Economics ; International Finance |
| URL | https://www.nber.org/papers/w27975 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585648 |
| 推荐引用方式 GB/T 7714 | Sebastian Edwards. Milton Friedman and Exchange Rates in Developing Countries. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27975.pdf（413KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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