Bordo, Michael D.; Jonung, Lars - Economics Institute for Research (SIR), … - 2000
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Rutgers University and NBER, and Stockholm School of Economics, Sweden, respectively.
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List of contents:
1. Policy regimes … either on an annual basis or over
the business cycle can be time consistent.
At the international level, fixed exchange rate … business cycle, not on an annual basis. In a search for a new nominal anchor to
replace the gold standard, Sweden also was the …