Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth (Hardback)Patrizio Tirelli (author)
Hardback 194 Pages / Published: 02/02/1993
- Publisher out of stock
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.
Publisher: Palgrave USA
Number of pages: 194
Dimensions: 235 x 155 mm
Edition: 1993 ed.
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