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Do the benefits of fixed exchange rates outweigh their costs? The Franc Zone in Africa (英语)

摘要

The authors develop a simple, formal framework for clarifying the tradeoffs involved in choosing between a fixed and flexible exchange rate system. They apply this framework to the countries of Africa's CFA Zone, which have maintained fixed parity with... 更多显示

详细

  • Devarajan, Shantayanan; Rodrik, Dani;
  • 1991/10/31
  • 政策研究工作报告
  • WPS777
  • 1
  • 1
  • 非洲
  • 非洲
  • 2010/07/01
  • Do the benefits of fixed exchange rates outweigh their costs? The Franc Zone in Africa
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