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ID364435
Title ProperThe alternative use of monetary policy and exchange rate change for internal and external stability
Other Title InformationDept. of Economics, Univ. of Pittsburgh, Working Paper No. 32, January 1976
LanguageENG
AuthorAlphandery, Edmond
PublicationPittsburgh, Pennsylvania,  Department of Economics, University of Pittsburgh,  1976.
DescriptionPaperback Volume
SeriesDept. of Economics, Univ. of Pittsburgh, Working Paper Series
Summary / Abstract (Note)In this paper, we cast doubts on the empirical relevance of Mundell's well known assignment of monetary and fiscal policy to restore full employment and balance of payments equilibrium. Applying Mundell's "Principles of effective market classification" (EMC), we show that there might exist cases where this traditional assignment has in fact to be reversed.
Key WordsMonetary policy ;  Exchange Rate ;  R. A. Mundell


 
 
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