Floating or Fixed? Exchange Rate Flexibility in Liquidity Traps
碩士 === 國立臺灣大學 === 經濟學研究所 === 106 === The liquidity trap refers to the situation where countries have their interest rates near the zero lower bound. This paper compares whether a floating exchange rate or a fixed exchange rate is more preferable under liquidity traps for the world economy with finan...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2018
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/24ssf4 |