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Thesis

Some problems of exchange-rate policy and stabilization in an open economy

Abstract:

The immediate objectives of exchange-rate policy should be stability of output, stability of the rate of inflation and stability of the exchange rate itself. Moreover, exchange-rate policy is likely to be of some use in achieving these aims, as the modifications to the rational expectations theory which make monetary policy effective do so for exchange-rate policy as well, and additional channels of effectiveness operate in an open economy.

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Institution:
University of Oxford
Department:
Faculty of Social Studies
Role:
Author
Publication date:
1983
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford
Barcode:
602367841
URN:
uuid:f7365146-75f0-4af5-8a74-12e6c1ec48a9
Local pid:
td:602367841

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