The Instability of Fixed Exchange Rate Systems when Raising the Nominal Interest Rate is Costly

Bernard Bensaid () and Olivier Jeanne ()

Working Papers from Tilburg - Center for Economic Research

Keywords: exchange rate; interest rate; monetary policy (search for similar items in EconPapers)
Date: 1995
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Journal Article: The instability of fixed exchange rate systems when raising the nominal interest rate is costly (1997)
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