Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth
Price for Eshop: 3647 Kč (€ 145.9)
VAT 0% included
New
E-book delivered electronically online
E-Book information
Annotation
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.
Ask question
You can ask us about this book and we'll send an answer to your e-mail.