Does the Mundell-Fleming Model Apply to Australia’s Economy?
Journal of Economics, Trade and Marketing Management
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Title |
Does the Mundell-Fleming Model Apply to Australia’s Economy?
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Creator |
Hsing, Yu
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Description |
Applying an extended Mundell-Fleming Model to Australia, this paper finds that expansionary fiscal policy does not affect output whereas expansionary monetary policy raises output. In addition, a higher real stock price, a lower real oil price or a lower expected inflation rate would increase output. Hence, the predictions of the Mundell-Fleming model works for Australia’s economy.
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Publisher |
Scholink Co., LTD
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Contributor |
None
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Date |
2019-05-05
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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 |
http://www.scholink.org/ojs/index.php/jetmm/article/view/1965
10.22158/jetmm.v1n1p1 |
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Source |
Journal of Economics, Trade and Marketing Management; Vol 1, No 1 (2019); p1
2642-2417 2642-2409 |
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Language |
eng
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Relation |
http://www.scholink.org/ojs/index.php/jetmm/article/view/1965/2138
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Rights |
Copyright (c) 2019 Yu Hsing
http://creativecommons.org/licenses/by/4.0 |
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