Title :
Fiscal policy and exchange rate dynamics with positive and negative net foreign asset position
Author :
Karakitsos, Elias
Author_Institution :
Manage. Sch., Imperial Coll. of Sci. Technol. & Med., London, UK
Abstract :
An analysis is made of the exchange rate dynamics following a fiscal stimulus in a model that integrates slowly adjusting prices with wealth accumulation dynamics and allows for a positive or negative net foreign asset position. A distinguishing feature of the model is that the fiscal stimulus is examined under bond and money finance
Keywords :
economic cybernetics; bond; economics; exchange rate dynamics; fiscal policy; foreign asset; money finance; wealth accumulation dynamics; Bonding; Exchange rates; Macroeconomics; Portfolios; Reduced instruction set computing; Seminars; Stability;
Conference_Titel :
Decision and Control, 1989., Proceedings of the 28th IEEE Conference on
Conference_Location :
Tampa, FL
DOI :
10.1109/CDC.1989.70528
