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The paper presents a dynamic model for small to medium open economies operating under a fixed exchange rate regime. The model provides a partial explanation of the channels through which fiscal and monetary policy affects the real exchange rate. An empirical investigation is conducted for the...
Persistent link: https://www.econbiz.de/10010521152
Persistent link: https://www.econbiz.de/10003721876
The paper presents a dynamic model for small to medium open economies operating under a fixed exchange rate regime. The model provides a partial explanation of the channels through which fiscal and monetary policy affects the real exchange rate. An empirical investigation is conducted for the...
Persistent link: https://www.econbiz.de/10012552393
Persistent link: https://www.econbiz.de/10002160942
Persistent link: https://www.econbiz.de/10010358751
Persistent link: https://www.econbiz.de/10009672146
Persistent link: https://www.econbiz.de/10009673517