| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13714 |
| DP13714 The International Monetary and Financial System | |
| Pierre-Olivier Gourinchas; Helene Rey; Maxime Sauzet | |
| 发表日期 | 2019-05-04 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | International currencies fulfill different roles in the world economy with important synergies across those roles. We explore the implications of currency hegemony for the external balance sheet of the United States, the process of international adjustment, and the predictability of the US dollar exchange rate. We emphasize the importance of international monetary spillovers, of the exorbitant privilege, and analyse the emergence of a new `Triffin dilemma'. |
| 主题 | Financial Economics ; International Macroeconomics and Finance ; Monetary Economics and Fluctuations |
| 关键词 | Exchange rates External assets and liabilities International adjustment Triffin dilemma International currencies Global financial cycle |
| URL | https://cepr.org/publications/dp13714 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542577 |
| 推荐引用方式 GB/T 7714 | Pierre-Olivier Gourinchas,Helene Rey,Maxime Sauzet. DP13714 The International Monetary and Financial System. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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