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Comment on R. N. Cooper, “Monetary Theory and Policy in an Open Economy”

In: Flexible Exchange Rates and Stabilization Policy

Author

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  • Per Meinich

    (University of Oslo)

Abstract

My impression is that Richard Cooper has given a very clear and good survey of questions concerning the effectiveness of various instruments of stabilization policy and the frequency and amplitudes of disturbances to macroeconomic stability in national economies under alternative exchange rate regimes. However, it might be argued that the paper raises more problems than it solves.

Suggested Citation

  • Per Meinich, 1977. "Comment on R. N. Cooper, “Monetary Theory and Policy in an Open Economy”," Palgrave Macmillan Books, in: Jan Herin & Assar Lindbeck & Johan Myhrman (ed.), Flexible Exchange Rates and Stabilization Policy, pages 32-33, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03359-1_3
    DOI: 10.1007/978-1-349-03359-1_3
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