STERILIZATION AND THE MONETARY APPROACH TO BALANCE OF PAYMENTS ANALYSIS

被引:5
作者
BOYER, RS
机构
[1] University of Western Ontario, London
关键词
D O I
10.1016/0304-3932(79)90009-6
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
The authorities can sterilize the balance of payments in both the short and long run if domestic capital markets are not fully integrated with those of the rest of the world. The degree of sterilization which the authorities employ is an important determinant of the economy's response to any outside changes. © 1979.
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页码:295 / 300
页数:6
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