The Worst of Both Worlds: Fiscal Policy and Fixed Exchange Rates
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More about this item
Keywordsdownward nominal wage rigidity; government spending shocks; exchange rate peg; real exchange rate; output; non-linear effects; asymmetric adjustment;
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
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