Pitchford, John David; Vousden, Neil J - In: Australian Economic Papers 26 (1987) 48, pp. 43-57
A variety of monetary policy rules have been suggested for use in the context of a floating exchange rate. This paper compares the effects of a constant money growth rate, "monetary targeting," "anti-inflation exchange-rate policy," and "leaning against the wind" in a small, open economy subject...