The Impact of Foreign Interest Rateson the Economy : The Role of the Exchange Rate Regime /
This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect is ce...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2006.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2006/037 |
| On-line přístup: | Full text available on IMF |