The Credibility of a Fixed Exchange Rate: How Reputation Is Gained or Lost
研究了固定汇率制度下政策制定者如何通过行动建立或丧失声誉,从而影响汇率可信度,对理解货币政策和汇率稳定有参考价值。
Steinar Holden, , The Credibility of a Fixed Exchange Rate: How Reputation Is Gained or Lost, The Scandinavian Journal of Economics, Vol. 98, No. 4, Financial Liberalization and Macroeconomic Stability (Dec., 1996), pp. 485-502