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Open economy monetary policy reconsidered.



Weeks, John.

Open economy monetary policy reconsidered.

Bibliografía : páginas 66-67.

The Mundell-Fleming rule, 57 ; The algebra of MF and flexible exchange rates, 60 ; Empiricacs and policy, 64 ; From trilemma to dilemma, 65 ; Acknowledgments, 66

The standard policy rule of the Mundell-Fleming model states that under a flexibe exchange rate regime with perfectly elastic capital flows, monetary policy is effective and fiscal policy is not.

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Política monetaria.
Economía.

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