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Abstract

This chapter deals with the effects of fiscal policy on the nominal exchange rate and on the real exchange rate under perfect international capital mobility. Whatever is the relation to Value and Capital, this is certainly a classical issue in international economics.

Keywords

Exchange Rate Monetary Policy Fiscal Policy Real Exchange Rate Real Interest Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© International Economic Association 1991

Authors and Affiliations

  • Torsten Persson
    • 1
  1. 1.University of StockholmSweden

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