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Abstract

This chapter deals with the effects of fiscal policy on the nominal exchange rate and on the real exchange rate under perfect international capital mobility. Whatever is the relation to Value and Capital, this is certainly a classical issue in international economics.

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Lionel W. McKenzie Stefano Zamagni

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© 1991 International Economic Association

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Persson, T. (1991). Comment. In: McKenzie, L.W., Zamagni, S. (eds) Value and Capital: Fifty Years Later. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11029-2_23

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