Policy Response between Monetary Policy and Fiscal Policy A Case of Small-Open Economy Model
NIDA Economic Review Journal
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Title |
Policy Response between Monetary Policy and Fiscal Policy A Case of Small-Open Economy Model
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Creator |
Rerkwandee, Ponlapat
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Description |
Strategic action between exchange rate and fiscal status has beenlongtime debated between fiscal policymaker and monetary policymaker. Using a game theory approach of Stackelberg Model and Nash Equilibrium Model, government spending and interest rate in the Stackelberg modelwill be higher than those under Nash Equilibrium Model. However, if im-perfect capital mobility is allowed, interest rate and government spending will be higher than the case under perfect capital mobility.
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Publisher |
Development Economic Review
พัฒนาการเศรษฐกิจปริทรรศน์ |
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Date |
2012-07-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://tci-thaijo.org/index.php/NER/article/view/22716
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Source |
Development Economic Review; Vol 6 No 2 (2555): NIDA Economic Review Journal; 87
พัฒนาการเศรษฐกิจปริทรรศน์; Vol 6 No 2 (2555): NIDA Economic Review Journal; 87 1906-2540 |
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Language |
eng
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Relation |
https://tci-thaijo.org/index.php/NER/article/view/22716/19416
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Rights |
Copyright (c) 2017 Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์)
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