Exchange rate regimes and financial market imperfections
This paper investigates the design of an exchange rate policy for an economy where the domestic capital market is segmented from the global financial market, producers rely on credit to finance working capital needs, and the labor market is characterized by nominal contracts. We show that the choice...
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| Hauptverfasser: | , |
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| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
NBER
2000
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| Schriftenreihe: | Working paper series / National Bureau of Economic Research
7738 |
| Online-Zugang: | kostenfrei |
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