Fiscal Policy, Money and the Exchange Rate

  • Makin A
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Abstract

… This chapter highlights the role of the money supply and the exchange rate in an open economy aggregate demand-oriented model of … money, the price level, foreign interest rate, expected exchange rate and risk premium, as well as the parameters governing money demand…

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Makin, A. J. (2018). Fiscal Policy, Money and the Exchange Rate. In The Limits of Fiscal Policy (pp. 57–71). Springer International Publishing. https://doi.org/10.1007/978-3-319-90158-9_5

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