Open Economy Models: The Macroeconomic Approach

Patrizio Tirelli

Chapter 2 in Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth, 1993, pp 23-45 from Palgrave Macmillan

Abstract: Abstract This chapter surveys some contributions to the theory of exchange rate determination which follow the so called macroeconomic approach1 (MAC) in order to provide the theoretical background for the policy experiments to be presented in later chapters.

Keywords: Exchange Rate; Current Account; Fiscal Policy; Money Supply; Money Market (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22605-4_2

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DOI: 10.1007/978-1-349-22605-4_2

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