Macroeconomics under flexible exchange rates

Manfred Gärtner

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Monetary Policy and Economic Impact Global Financial Crisis and Policies Economic Theory and Policy

Abstract

Open economy macroeconomics - introduction and outline sticky prices and the asset market approach to the exchange rate the robustness of the overshooting phenomenon policy anticipation, resource discovery and a structural real sector monetarist exchange rate models the exchange rate under currency substitution the portfolio balance approach exchange rate economics today political economy of flexible exchange rates.

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