Abstract
My impression is that Richard Cooper has given a very clear and good survey of questions concerning the effectiveness of various instruments of stabilization policy and the frequency and amplitudes of disturbances to macroeconomic stability in national economies under alternative exchange rate regimes. However, it might be argued that the paper raises more problems than it solves.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Copyright information
© 1977 The Scandinavian Journal of Economics
About this chapter
Cite this chapter
Meinich, P. (1977). Comment on R. N. Cooper, “Monetary Theory and Policy in an Open Economy”. In: Herin, J., Lindbeck, A., Myhrman, J. (eds) Flexible Exchange Rates and Stabilization Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03359-1_3
Download citation
DOI: https://doi.org/10.1007/978-1-349-03359-1_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-03361-4
Online ISBN: 978-1-349-03359-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)