Real Exchange Rate Targeting: Currency or Capital Control Problem? Fiscal Policy

The paper shows that the impossibility to reach a real exchange ratetarget, as proposed by the "Monetary Trilemma" can be circumvented byadding one policy instrument. In the choice between countercyclical fiscalpolicy and control of capital movements, the first one appears as thepreferred...

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Autor principal: Milei, Javier Gerardo
Formato: Artículo revista
Lenguaje:Español
Publicado: Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2004
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Acceso en línea:https://revistas.unc.edu.ar/index.php/REyE/article/view/3807
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