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Alternative monetary policies in an inflationary equilibrium model of the open economy

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  • Jagdeep Bhandari
  • Stephen Turnovsky

Abstract

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Suggested Citation

  • Jagdeep Bhandari & Stephen Turnovsky, 1982. "Alternative monetary policies in an inflationary equilibrium model of the open economy," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 118(1), pages 1-18, March.
    • Handle: RePEc:spr:weltar:v:118:y:1982:i:1:p:1-18
    DOI: 10.1007/BF02706076
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    References listed on IDEAS

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    1. Mathieson, Donald J., 1976. "Is there an optimal crawl?," Journal of International Economics, Elsevier, vol. 6(2), pages 183-202, May.
    2. Frankel, Jeffrey A, 1979. "On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials," American Economic Review, American Economic Association, vol. 69(4), pages 610-622, September.
    3. Miles, Marc A, 1978. "Currency Substitution, Flexible Exchange Rates, and Monetary Independence," American Economic Review, American Economic Association, vol. 68(3), pages 428-436, June.
    4. Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-1176, December.
    5. repec:bla:scandj:v:79:y:1977:i:4:p:424-41 is not listed on IDEAS
    6. Niehans, Jurg, 1975. "Some doubts about the efficacy of monetary policy under flexible exchange rates," Journal of International Economics, Elsevier, vol. 5(3), pages 275-281, August.
    7. Gray, Malcolm R & Turnovsky, Stephen J, 1979. "The Stability of Exchange Rate Dynamics under Perfect Myopic Foresight," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(3), pages 643-660, October.
    8. Basevi, Giorgio & De Grauwe, Faul, 1977. "Vicious and virtuous circles: A theoretical analysis and a policy proposal for managing exchange rates," European Economic Review, Elsevier, vol. 10(3), pages 277-301.
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