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Fiscal and Monetary Policies Under Alternative Exchange-Rate Systems

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  • Egon Sohmen

Abstract

Introduction, 515. — Constant exchange rates, 518. — Flexible exchange rates, 519. — Comparison of the relative effectiveness of fiscal and monetary policies, 520. — An alternative definition of fiscal policy, 523.

Suggested Citation

  • Egon Sohmen, 1967. "Fiscal and Monetary Policies Under Alternative Exchange-Rate Systems," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 81(3), pages 515-523.
    • Handle: RePEc:oup:qjecon:v:81:y:1967:i:3:p:515-523.
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    File URL: http://hdl.handle.net/10.2307/1884815
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    Cited by:

    1. Hans-Werner Sinn, 1983. "International capital movements, flexible exchange rates, and the IS-LM model : A comparison between the portfolio-balance and the flow hypotheses," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 119(1), pages 36-63, March.
    2. Edward Tower, 1972. "The Short‐Run Effects of Monetary and Fiscal Policy under Fixed and Flexible Exchange Rates," The Economic Record, The Economic Society of Australia, vol. 48(3), pages 411-423, September.
    3. Jimmy W. Wheeler, 1972. "Domestic Policy and International Exchange Rate Movements, A Review," The American Economist, Sage Publications, vol. 16(2), pages 123-128, October.
    4. Heiner FLASSBECK, 2002. "The Exchange Rate: Economic Policy Tool Or Market Price?," UNCTAD Discussion Papers 157, United Nations Conference on Trade and Development.

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