A "vertical" analysis of crises and intervention fear of floating and ex-ante problems
Emerging economies are prone to crises triggered by external shocks. During these crises, should the central bank stabilize the currency or domestic interest rates? If the choice is outside the central bank's control, as in a currency board, are there good policy substitutes? We argue that thes...
| প্রধান লেখক: | , |
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| বিন্যাস: | গ্রন্থ |
| ভাষা: | English |
| প্রকাশিত: |
Cambridge, Mass.
National Bureau of Economic Research
2001.
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| মালা: | NBER working paper series
no.8428 |
| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | Download full text here |