The Implications of Fiscal Conditions and Growing Internationalization for Monetary Policies and Financial Market Conditions

Nopic
The paper argues that the endogenous behavior of monetary authorities provides an important channel through which fiscal policy influences financial variables, and that growing internationalization has increased the sensitivity of financial conditions to fiscal policy. The core of the argument is that fiscal policy influences exchange rates,... READ MORE...

Publication date: June 1988
ISBN 9781451970135
$10.00

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Publication date: June 1988

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