Patrizio Tirelli

Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth

• Gebundenes Buch

Produktbeschreibung

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.

Produktdetails

• Verlag: Palgrave MacMillan UK / Palgrave Macmillan
• 1993 edition
• Seitenzahl: 194
• Erscheinungstermin: 2. Februar 1993
• Englisch
• ISBN-13: 9780312085292
• ISBN-10: 031208529X
• Artikelnr.: 41047212

Inhaltsangabe

Preface
The Design of Simple Rules for the Open Economy
Open Economy Models: The Macroeconomic Approach
Monetarist Macroeconomic Policy Rules in a Small Open Economy Model
Simple Policy Rules for the Open Economy: Evaluating Alternative Proposals
Macroeconomic Policy and Interdependence: the Debate on International Policy Coordination
Simple Rules for Policy Coordination: An Evaluation of Alternative Assignments
Concluding Remarks
References
Index

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Preface - The Design of Simple Rules for the Open Economy - Open Economy Models: The Macroeconomic Approach - Monetarist Macroeconomic Policy Rules in a Small Open Economy Model - Simple Policy Rules for the Open Economy: Evaluating Alternative Proposals - Macroeconomic Policy and Interdependence: the Debate on International Policy Coordination - Simple Rules for Policy Coordination: An Evaluation of Alternative Assignments - Concluding Remarks - References - Index