固定相場・変動相場混合 国マンデル=フレミング・モデルについて ──不完全資本移動の場合──

Jazyk: japonština
Rok vydání: 2018
Předmět:
Zdroj: 中央大学経済研究所年報. 50:605-640
ISSN: 0285-9718
Popis: application/pdf
In this paper, we formulate a three country Mundell-Fleming model with imperfect capital mobility and mixed type of fixed and flexible exchange rates. It is assumed that country 1 and country 2 belong to the currency integrated region that is governed by a super-national central bank such as European Central Bank, and that region and country 3 are economically connected through flexible exchange rates. Under this setting, we study the dynamic stability/instability of the equilibrium point and the comparative static analysis of fiscal and monetary policies mathematically, and provide some economic interpretations of the analytical results.
Databáze: OpenAIRE