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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Casas, Camila
अन्य लेखक: Diez, Federico, Gopinath, Gita, Gourinchas, Pierre-Olivier
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2017.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2017/264
ऑनलाइन पहुंच:Full text available on IMF