Open economy monetary policy reconsidered.
Tipo de material:
ArtículoIdioma: Inglés ISSN: - 09538259
Contenidos:
En: Review of political economyResumen: 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.
The algebra of MF and flexible exchange rates, 60 ; Empiricacs and policy, 64 ; From trilemma to dilemma, 65 ; Acknowledgments, 66
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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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