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The Effectiveness of Capital Controls Implications for Monetary Autonomy in the Presence of Incomplete Market Separation

The Effectiveness of Capital Controls Implications for Monetary Autonomy in the Presence of Incomplete Market Separation »

Source: IMF Staff papers : Volume 34 No. 4

Volume: 34

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1987

ISBN: 9781451930719

Keywords: exchange rate, government spending, exchange rate regime, exchange rates, fiscal policies, IMF staff papers,

The Mundell-Fleming model of international macroeconomic originated in the early 1960s and has been extended during the ensuing quarter century. This paper develops an exposition that integrates the various facets...

11 The Two Monetary Approaches to the Balance of Payments 1 Keynesian and Johnsonian

11 The Two Monetary Approaches to the Balance of Payments 1 Keynesian and Johnsonian »

Source: Economic Theory and Financial Policy : Selected Essays of Jacques J. Polak, 1994-2004

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2004

ISBN: 9780765616142

Keywords: exchange rate, monetary fund, exchange rates, monetary system, capital movements

1. Introduction In the 1950s and 60s, a number of new approaches were developed with the aim of understanding better the sequences of economic events that could lead countries into b...