Floats pegs and the transmission of fiscal policy
One of the most popular pieces of wisdom in economic policy is the idea that fiscal policy is more effective in a fixed exchange rate regime or a currency union than in a flexible exchange rate regime. In this paper we revisit the theoretical foundations of the conventional wisdom on the relative ef...
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Autores principales: | , , |
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Formato: | Artículo |
Lenguaje: | eng |
Publicado: |
Banco Central de Chile
2019
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Acceso en línea: | https://hdl.handle.net/20.500.12580/3788 |
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