Kohl, Reagan, and Open Economy Macroeconomics: Revisiting Rules for Fiscal and Monetary Policy.
This paper models three alternative policy strategies for an open economy and evaluates their performance. In the first regime national monetary policies are used to achieve domestic price stability, without supporting fiscal policy and without concern for external balance. The second regime adds to...
| Main Authors: | , |
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| 格式: | Journal article |
| 語言: | English |
| 出版: |
1995
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