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Global Transmission of Interest Rates: Monetary Independence and Currency Regime

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NBER2002-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8828
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Using a large sample of developing and industrialized economies during 1970-1999, this paper explores whether the choice of exchange rate regime affects the sensitivity of local interest rates to international interest rates. In most cases, we cannot reject full transmission of international
创建时间:
2002-03-01
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