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

Stanley Black

A chapter in Flexible Exchange Rates and Stabilization Policy, 1977, pp 34-36 from Palgrave Macmillan

Abstract: Abstract Since Professor Meinich has given us such a good summary of Dick Cooper’s paper, I will confine myself to making several points that either were omitted in the paper or that I think require some further discussion and clarification. Let me say in the beginning that the paper is a very useful introduction to one of the basic problems with which this Conference is dealing: the theoretical analysis of macro-economic behavior under flexible exchange rates. My critical remarks are intended mainly to sharpen Cooper’s discussion of the analytical questions.

Keywords: Exchange Rate; Monetary Policy; Current Account; Money Supply; Money Demand (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_4

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DOI: 10.1007/978-1-349-03359-1_4

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