Commento di Rudiger Dornbush. (From monetary to exchange rate targets. A comment)
DOI:
https://doi.org/10.13133/2037-3651/11214Keywords:
EMS, European integration, exchange rate and monetary rulesAbstract
L'autore qualifica alcune delle conclusioni del modello statico, mette in evidenza alcune delle diverse lezioni del problema transizione e offre una prospettiva un po 'diversa dalla scelta più a lungo termine tra il tasso di cambio e le regole monetarie.
A brief comment on M.J. Artis’ From monetary to exchange rate targets. The author qualifies some of the conclusions of the static model, highlights some of the different lessons of the transition problem and offers a somewhat different perspective on the longer term choice between exchange rate and monetary rules.
JEL: E42, E52, F36
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