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...
Tác giả chính: | |
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Tác giả khác: | , , |
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2017/264 |
Truy cập trực tuyến: | Full text available on IMF |