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Sticky Exchange Rates and Flexible Prices
			: A Heretic View From the Interwar Period

Sticky Exchange Rates and Flexible Prices : A Heretic View From the Interwar Period »

Volume/Issue: 1991/124

Series: IMF Working Papers

Author(s): Anne Gulde , and Holger Wolf

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1991

DOI: http://dx.doi.org/10.5089/9781451937855.001

ISBN: 9781451937855

Keywords: exchange rates, exchange rate, real exchange rate, exchange rate variability, flexible exchange rates

Real exchange rate variability tends to be higher under flexible than under fixed exchange rates. The neokeynesian view attributes the higher variability to the combination of volatile nominal exchange rates with s...

What Determines Government  Spending Multipliers?

What Determines Government Spending Multipliers? »

Volume/Issue: 2012/150

Series: IMF Working Papers

Author(s): Gernot Müller , Andre Meier , and Giancarlo Corsetti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

DOI: http://dx.doi.org/10.5089/9781475504217.001

ISBN: 9781475504217

Keywords: Multiplier, public finances, exchange rate regime, exchange rate, real exchange rate, Open Economy Macroeconomics,

This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their...

Sticky Exchange Rates and Flexible Prices

Sticky Exchange Rates and Flexible Prices »

Source: Sticky Exchange Rates and Flexible Prices : A Heretic View From the Interwar Period

Volume/Issue: 1991/124

Series: IMF Working Papers

Author(s): Anne Gulde , and Holger Wolf

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1991

ISBN: 9781451937855

Keywords: exchange rates, exchange rate, real exchange rate, exchange rate variability, flexible exchange rates

Real exchange rate variability tends to be higher under flexible than under fixed exchange rates. The neokeynesian view attributes the higher variability to the combination of volatile nominal exchange rates with s...

What Determines Government  Spending Multipliers?

What Determines Government Spending Multipliers? »

Source: What Determines Government Spending Multipliers?

Volume/Issue: 2012/150

Series: IMF Working Papers

Author(s): Gernot Müller , Andre Meier , and Giancarlo Corsetti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475504217

Keywords: Multiplier, public finances, exchange rate regime, exchange rate, real exchange rate, Open Economy Macroeconomics,

This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their...