International currency portfolios /
This paper develops a theory of international currency portfolios that holds in general equilibrium, and that is therefore not subject to the criticisms directed at the portfolio balance literature of the 1980s. It shows that, under plausible assumptions about fiscal policy, the relationship between...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
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| Series: | IMF working paper ;
WP/09/48. |
| Subjects: | |
| Online Access: |
Full text (Emmanuel users only) |