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International Interest-Rate and Price-Level Linkages Under Flexible Exchange Rates: A Review of Recent Evidence

Robert Cumby () and Maurice Obstfeld

No 921, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: In an open economy, the scope for activist stabilization policy depends on the nature of the lincages between domestic and international markets for goods and assets. Tgo

Date: 1982-06
Note: ITI IFM
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Published as Cumby, Robert E., Maurice Obstfeld. "International Interest-Rate and Price- Level Linkages under Flexible Exchange Rates: A Review of Recent Evidence." Exchange Rate Theory and Practice, ed. by John F. O. Bilson and Richard C. Marston. Chicago UCP. (1984), pp. 121-151
Published as International Interest Rate and Price Level Linkages under Flexible Exchange Rates: A Review of Recent Evidence , Robert E. Cumby, Maurice Obstfeld. in Exchange Rate Theory and Practice , Bilson and Marston. 1984

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