A Note On Lags And The Assignment Problem
Harvey Lapan and
Walter Enders
ISU General Staff Papers from Iowa State University, Department of Economics
Abstract:
Mundell (1962) demonstrated that monetary policy should be paired with external balance and fiscal policy with internal balance. This seminal article led to a voluminous literature^ which attempted to rectify many of the problems inherent in Mundell's flow equilibrium model. Harry Johnson (1972) has characterized this extension of Mundell's work as having lent itself to almost Infinite mathematical product differentiation, with little significant improvement in quality of economic product..." Although we do not fully agree with Harry Johnson--for there are many deficiencies in Mundell'a model-- we do believe that more can be said concerning the "Assignment Problem" in the context of Mundell's model.
Date: 1975-08-01
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... f213a8ebb623/content
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:isu:genstf:197508010700001018
Access Statistics for this paper
More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().