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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Casas, Camila
Rannpháirtithe: Diez, Federico, Gopinath, Gita, Gourinchas, Pierre-Olivier
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2017.
Sraith:IMF Working Papers; Working Paper ; No. 2017/264
Rochtain ar líne:Full text available on IMF