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For Matías Vernengo and Esteban Pérez Caldentey (2020), the MMT literature overemphasizes the choice of the exchange rate regime and the relevance of a flexible exchange rate regime, as well as the ultimate effect of that choice upon the policy space. In addition, they argue that the role of...
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brother -- Monetary policy: the black box of complexities -- Exchange rate and openness: the world is one! -- Financial …
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brother -- Monetary policy: the black box of complexities -- Exchange rate and openness: the world is one! -- Financial …
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