Comment on R. Dornbusch, “The Theory of Flexible Exchange Rate Regimes and Macroeconomic Policy”

Stanley Fischer
Additional contact information
Stanley Fischer: Massachusetts Institute of Technology

A chapter in Flexible Exchange Rates and Stabilization Policy, 1977, pp 144-147 from Palgrave Macmillan

Abstract: Abstract The paper by Rudiger Dornbusch first sets out a theory of the long run determination of the exchange rate and then discusses a number of issues connected with the operation of flexible exchange rate regimes over a shorter period characterized by expectational errors. Since the paper is admirably lucid, there is little for the discussant to do beyond expressing minor reservations at certain points and emphasizing some aspects of the analysis.

Keywords: Exchange Rate; Flexible Exchange Rate; Official Rate; Money Stock; Domestic Interest Rate (search for similar items in EconPapers)
Date: 1977
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03359-1_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349033591

DOI: 10.1007/978-1-349-03359-1_12

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().