Policy Assignment Strategies with Somewhat Flexible Exchange Rates Policy.
The choice of assigning monetary or fiscal policy to external balance is complicated when the authorities are concerned with both the current account balance and the exchange rate. A strategy of using monetary policy to control the current account via the exchange rate may fail, because the relative...
| Соавтор: | |
|---|---|
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1988.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 1988/040 |
| Online-ссылка: | Full text available on IMF |