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Exchange Rate Regimes and Macroeconomic Stability: The Case of Sweden

✍ Scribed by Anders Bergvall

Book ID
124322486
Publisher
Oxford University Press
Year
2005
Tongue
English
Weight
659 KB
Volume
57
Category
Article
ISSN
0030-7653

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The stabilization properties of fixed an
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✍ Keith Pilbeam πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 133 KB

## Abstract This paper investigates the price and output stabilization properties of fixed and floating exchange rates using a small open economy model. The performance of the two regimes is compared in the face of money demand, aggregate demand and aggregate supply shocks. It is shown that the ran