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About this book
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.
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Table of contents (7 chapters)
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Front Matter
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Simple Rules as a Surrogate for Policy Coordination
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Front Matter
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Back Matter
Authors and Affiliations
Bibliographic Information
Book Title: Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth
Authors: Patrizio Tirelli
DOI: https://doi.org/10.1007/978-1-349-22605-4
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Patrizio Tirelli 1993
Hardcover ISBN: 978-0-312-08529-2Due: 02 February 1993
Softcover ISBN: 978-1-349-22607-8Published: 01 January 1993
eBook ISBN: 978-1-349-22605-4Published: 27 July 2016
Edition Number: 1
Number of Pages: X, 194
Topics: International Economics, Macroeconomics/Monetary Economics//Financial Economics