Does competition between currencies lead to price level and exchange rate stability?

An edition of Does competition between currencies lead to price level and exchange rate stability? (1990)

Does competition between currencies lead to price level and exchange rate stability?

By Michael Woodford

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Publish Date

1990

Publisher

National Bureau of Economic Research

Language

eng

Pages

Description:

subjects: Currency convertibility, Foreign exchange administration, Mathematical models, Substitution (Economics)