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The Effectiveness of Capital Controls Implications for Monetary Autonomy in the Presence of Incomplete Market Separation »
Series: IMF Staff Papers
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1987
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...