Relaxing the international constraints on full employment. A comment

Authors

  • J. STEINDL

DOI:

https://doi.org/10.13133/2037-3643/10666

Keywords:

Exchange rates, Employment

Abstract

The work is a critique of “Relaxing the international constraints on full employment”. The author questions the efficacy of the TOSTAB tax proposal in relaxing the constraint of foreign exchange speculation on governments in designing and implementing programs of fiscal expansion. Instead, direct capital control or cooperation between surplus and deficit countries is suggested.

 

JEL: E24, F31, F41

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Published

2013-10-18

How to Cite

STEINDL, J. (2013). Relaxing the international constraints on full employment. A comment. PSL Quarterly Review, 43(172). https://doi.org/10.13133/2037-3643/10666

Issue

Vol. 43 No. 172 (1990)

Section

Editorial

License

 
 
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