Relaxing the international constraints on full employment. A reply

Authors

  • E. MATZNER

DOI:

https://doi.org/10.13133/2037-3643/10667

Keywords:

Exchange rates, Employment

Abstract

A response to Steindl’s critique of “Relaxing the international constraints on full employment”, and in particular the authors’ proposal of the TOSTAB tax. The author argues that while TOSTAB is inferior to cooperation between surplus and deficit countries against short-term speculation, its advantage is that it can be introduced unilaterally by a single surplus country even before a multilateral agreement can be achieved.

 

JEL: E24, F31, F41

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Published

2013-10-18

How to Cite

MATZNER, E. (2013). Relaxing the international constraints on full employment. A reply. PSL Quarterly Review, 43(172). https://doi.org/10.13133/2037-3643/10667

Issue

Section

Editorial