The Influence of Exchange Rate Fluctuations under Capital Control
Journal Title: International Journal of Financial Economics - Year 2014, Vol 2, Issue 1
Abstract
The research of stabilization under the situation of fixed exchange rate rule and delayed fiscal adjustment has attracted much attention. In this paper, we use ordinary differential equations qualitative theory to discuss the consumption of tradable goods and the exchange rate between the two-dimensional space composed of the equilibrium point, further, to analysis the impact of exchange rate volatility on trade.
Authors and Affiliations
Ying Yirong, Feng Guohai
Keywords
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