Monetary policy and demand management for the small open economy in contemporary conditions with (perfectly) mobile capital
AbstractThis paper provides a theoretical framework within which to examine issues of macroeconomic policy autonomy for the small open economy in an increasingly global international environment. We show that substantial policy leverage continues to exist provided that the jurisdictions concerned maintain separate monetary systems, which ensures that the condition of perfect asset substitutability will fail to apply.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Journal of Post Keynesian Economics.
Volume (Year): 26 (2004)
Issue (Month): 4 (October)
Contact details of provider:
Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=109348
exchange rates; globalization; interest rates; macroeconomic policy;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Tropeano, Domenica & Michetti, Elisabetta, 2008.
"Exchange rate policy and income distribution in an open developing economy,"
6642, University Library of Munich, Germany.
- Elisabetta Michetti, & Domenica Tropeano,, 2008. "Exchange rate policy and income distribution in an open developing economy," Working Papers 44-2008, Macerata University, Department of Finance and Economic Sciences, revised Nov 2008.
- Porcile, Gabriel & de Souza, Alexandre Gomes & Viana, Ricardo, 2011. "External debt sustainability and policy rules in a small globalized economy," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 269-276, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen).
If references are entirely missing, you can add them using this form.