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Distributional Conflict, the Current Account, and Fiscal‐monetary Policies under Flexible Exchange Rates

Journal of Economic Studies

ISSN: 0144-3585

Article publication date: 1 January 1991

Abstract

The aim is to integrate the dynamics of asset accumulation for open economies with the conflict theory of wage and price formation. This synthesis allows us to assess the results obtained in the mainstream asset market models based on an atomistic view of the economy, analyse the influence of market power in product and labour markets on aggregate economic activity, and to investigate new sources of potential instability.

Keywords

Citation

Sarantis, N. (1991), "Distributional Conflict, the Current Account, and Fiscal‐monetary Policies under Flexible Exchange Rates", Journal of Economic Studies, Vol. 18 No. 1. https://doi.org/10.1108/01443589110139993

Publisher

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MCB UP Ltd

Copyright © 1991, MCB UP Limited