Price Stability in Open Economies
Price Stability in Open Economies
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Publisher
Wiley-Blackwell
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Language
English
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Publisher
Wiley-Blackwell
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Scope and Contents
Contents
This paper studies the theoretical conditions under which price stability is the optimal policy in a two-country open-economy model with imperfect competition and price stickiness. Special conditions on the levels of country-specific distortionary taxation and the intratemporal and intertemporal elasticities of substitution need to be satisfied. Th...
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Full title
Price Stability in Open Economies
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TN_cdi_crossref_primary_10_1111_1467_937X_00265
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1111_1467_937X_00265
Other Identifiers
ISSN
0034-6527
E-ISSN
1467-937X
DOI
10.1111/1467-937X.00265