Betancourt, Erico Wulf; Piasecki, Ryszard - In: Comparative Economic Research. Central and Eastern Europe 26 (2023) 3, pp. 145-157
This paper analyzes the fiscal policy implications set in the Mundell-Fleming (M-F) model and its effectiveness in emerging economies. It also widens the scope of the policy mix with alternative exchange rates. The empirical evidence about the economies of Chile (1991-2003) and Colombia...