Mirage of fixed exchange rates. (Record no. 45119)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 00647nam a2200121Ia 4500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20260716043332.0 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | OBSTFELD, Maurice |
| 245 ## - TITLE STATEMENT | |
| Title | Mirage of fixed exchange rates. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 1995 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Puts forward some basic connections between monetary policy and exchange rate. Is of the view that a fixed exchange rate is very costly for a government to maintain, and suggests that efforts to reform monetary institutions should focus directly on restraining domestic inflation. The exchange rate should be used as an indicator but virtually never as the central target for monetary policy. |
| 583 ## - ACTION NOTE | |
| Time/date of action | 3/7/00 |
| Action agent | M2LMGR |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Analytic |
No items available.