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picture1_Monetary System Pdf 52986 | Ims Item Download 2022-08-20 20-24-03


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File: Monetary System Pdf 52986 | Ims Item Download 2022-08-20 20-24-03
amodeloftheinternationalmonetarysystem emmanuelfarhi matteo maggiori march2017 abstract we propose a simple model of the international monetary system we study the world supply and demand for reserve assets denominated in different currencies ...

icon picture PDF Filetype PDF | Posted on 20 Aug 2022 | 3 years ago

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...Amodeloftheinternationalmonetarysystem emmanuelfarhi matteo maggiori march abstract we propose a simple model of the international monetary system study world supply and demand for reserve assets denominated in different currencies under variety scenarios hegemon vs multipolar abundant scarce gold exchange standard oating rate rationalize trifn dilemma which posits fundamental instability as well common prediction regarding natural benecial emergence nurkse warning that is more unstable than keynesian argument scarcity or at zero lower bound recessionary our analysis both positive normative jelcodes d e f g keywords great depression zlb nurkseinstability condence crises safe exorbitant privilege harvard university department economics nber cepr email farhi fas edu wethank pol antras julien bengui guillermo calvo dick cooper ana fostel jeffry frieden mark gertler gita gopinath pierre olivier gourinchas veronica guerrieri guido lorenzoni arnaud mehl brent neiman jaromir nosal maurice obs...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
							
					 
							
						

						
						
						
				

														
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										Category:  Uncategorized / Uncategorized 
										
Posted on: 20 Aug 2022 | 3 years ago
										
										
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Filetype: PDF
										
File size: 1.07 MB
										
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Uploaded by:
										Andy yahya
											

												Andy yahya