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Persistent link: https://www.econbiz.de/10001659005
This four-chapter overview of basic exchange rate theories discusses (i) the elasticity and absorption approach, (ii) the (long-run) implications of the monetary approach, (iii) the short-run effects of monetary and fiscal policy under various economic conditions, and (iv) the transition from...
Persistent link: https://www.econbiz.de/10011343290
The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...
Persistent link: https://www.econbiz.de/10011301152
Persistent link: https://www.econbiz.de/10000677449
exchange rates for a small open economy. We analyse the effects of fiscal expansions using a New Keynesian model and find that …
Persistent link: https://www.econbiz.de/10010227296