Comment on R. N. Cooper, “Monetary Theory and Policy in an Open Economy”

Per Meinich
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Per Meinich: University of Oslo

A chapter in Flexible Exchange Rates and Stabilization Policy, 1977, pp 32-33 from Palgrave Macmillan

Abstract: Abstract My impression is that Richard Cooper has given a very clear and good survey of questions concerning the effectiveness of various instruments of stabilization policy and the frequency and amplitudes of disturbances to macroeconomic stability in national economies under alternative exchange rate regimes. However, it might be argued that the paper raises more problems than it solves.

Keywords: Exchange Rate; Foreign Currency; Exchange Rate Regime; Flexible Exchange Rate; International Reserve (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03359-1_3

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DOI: 10.1007/978-1-349-03359-1_3

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