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How should monetary policy be optimally designed in an environment with high degrees of financial globalization? To … versus pegged) shows that the impossible trinity is reversed: a higher degree of financial globalization, by inducing more …
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A model of Dornbusch is adapted to analyze the consequences for output and competitiveness of certain aspects of the U.K. government's medium term financial strategy and some other policy actions. This includes the announcement of a sequence of reductions in the target rate of monetary growth,...
Persistent link: https://www.econbiz.de/10012478534
A model of Dornbusch is adapted to analyze the consequences for output and competitiveness of certain aspects of the U.K. government's medium term financial strategy and some other policy actions. This includes the announcement of a sequence of reductions in the target rate of monetary growth,...
Persistent link: https://www.econbiz.de/10013247288
How should monetary policy be optimally designed in an environment with high degrees of financial globalization? To … versus pegged) shows that the impossible trinity is reversed: a higher degree of financial globalization, by inducing more …
Persistent link: https://www.econbiz.de/10010270033
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