The setup already developed suggests a natural description of balance of payments crises as episodes in which the public comes to expect a future ... of fixed and floating rates, the student is in a position to appreciate the more realistic intermediate case of managed floating. ... ANSWERS TO TEXTBOOK PROBLEMS 1 .
|Title||:||Instructor's manual to accompany Krugman/Obstfeld International economics|
|Author||:||Paul R. Krugman|