Camilleri, Arthur P.
This thesis extends the existing literature on the effects
of monetary and fiscal policies under a flexible exchange rate
regime and perfect foresight. The analysis is conducted .in the
context of sluggish adjustment in prices and secular inflation and,
in addition, emphasizes the dynamic process of financial wealth
accumulation . In doing so , the thesis integrates two alternative
approaches in the modelling of systems with an inflationary steady
state : first, models which focus on the...[Show more]
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