Barnett, William A.; Hu, Jingxian - In: Dynamic analysis in complex economic environments : …, (pp. 123-175). 2021
economies, which have often adopted capital controls. We especially investigate two dynamical characteristics: indeterminacy and … place, we find that indeterminacy depends upon how the central bank's response to inflation and its response to the output … to indeterminacy. Compared with flexible exchange rates, fixed exchange rate regimes produce more complex indeterminacy …