Monetary+fiscal Policy - The Exchange Rate+foreign Wealth
Book Details
Format
Hardback or Cased Book
ISBN-10
0333565797
ISBN-13
9780333565797
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Feb 2nd, 1993
Print length
194 Pages
Product Classification:
Monetary economicsInternational economicsInternational finance
Ksh 23,400.00
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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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