Showing papers by "National Bureau of Economic Research published in 1968"
TL;DR: In a recent paper, Professor Anne 0. Krueger has offered enlightening discussion of optimal mixes of monetary and fiscal policies to achieve domestic and foreign balance as discussed by the authors. But the model which she constructs is used effectively to analyze the two policies under both fixed and fluctuating rates.
Abstract: In a recent paper, Professor Anne 0. Krueger has offered enlightening discussion of optimal mixes of monetary and fiscal policies to achieve domestic and foreign balance.' The model which she constructs is used effectively to analyze the two policies under both fixed and fluctuating rates. One of the major conclusions reached under fixed exchange rates appears, however, to be unwarranted. Miss Krueger states:
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