A Walrasian approach to international adjustment with diversified currency holdings
This study investigates the international adjustment process for monetary policy in a two-country, two-asset, Walrasian model with diversified currency holdings. It is assumed that both countries consume both commodities and desire to hold both currencies in order to maxi...
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| Format: | Others |
| Language: | English |
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Boston College
1982
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| Online Access: | http://hdl.handle.net/2345/45 |