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...