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...
Päätekijä: | |
---|---|
Muut tekijät: | , , |
Aineistotyyppi: | Aikakauslehti |
Kieli: | English |
Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Sarja: | IMF Working Papers; Working Paper ;
No. 2017/264 |
Linkit: | Full text available on IMF |