Monetary and Exchange Rate Policies in an Open Macroeconomic Model with Unemployment and Rational Expectations
1985 (English)Report (Other academic)
A two period, two good open economy macroeconomic model is constructed. There is excess supply of labour in both periods and agents have rational expectations about future variables. Money is also introduced explicitly into the analysis. A number of exchange rate regimes are possible, and in each of these the effects of monetary and exchange rate policies are analyzed.
Place, publisher, year, edition, pages
Stockholm: IIES , 1985. , 33 p.
Seminar Paper / Institute for International Economic Studies, Stockholm University, ISSN 0347-8769 ; 305
IdentifiersURN: urn:nbn:se:su:diva-41327OAI: oai:DiVA.org:su-41327DiVA: diva2:329496
Published in connection with a visit at the IIES2010-07-122010-07-122010-07-12