Dominant Currency Paradigm : A New Model for Small Open Economies /
Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer's currency or in local currency. We model instead a 'dominant currency paradigm' for small open economies characterized by three features: prici...
| Autor principal: | |
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| Altres autors: | , , |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2017.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2017/264 |
| Accés en línia: | Full text available on IMF |