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Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth
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Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth

1993 ed.

Book Details

Format Paperback / Softback
ISBN-10 1349226076
ISBN-13 9781349226078
Edition 1993 ed.
Publisher Palgrave Macmillan
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 1st, 1993
Print length 194 Pages
Product Classification: MacroeconomicsInternational economics
Ksh 23,400.00
Werezi Extended Catalogue 0 in stock

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The book investigates issues of policy design in open economies. One of the substantive contributions of the research is that policy evaluation should take into account, among other things, the implications of different rules for foreign wealth and the exchange rate.
The book investigates issues of policy design in open economies. The performance of simple alternative policy rules is analysed in the context of theoretical models using both analytical solutions and numerical simulations techniques. One of the substantive contributions of the research is that policy evaluation should take into account, among other things, the implications of different rules for foreign wealth and the exchange rate. Hence the open economy models presented in the book include wealth effects and the current account.

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