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A MONETARIST MODEL OF PRICE ADJUSTMENT IN A SMALL OPEN ECONOMY

MICHAEL D. BORDO
EHSAN U. CHOUDHRI (Professor of Economics, University of South Carolina and Associate Professor of Economics, Carleton University, Ottawa, Canada.)

Studies in Economics and Finance

ISSN: 1086-7376

Publication date: 1 January 1982

Abstract

How do prices in a small open economy such as Canada adjust to external disturbances in the short‐run? What role does domestic monetary policy play in the adjustment process?

Citation

BORDO, M.D. and CHOUDHRI, E.U. (1982), "A MONETARIST MODEL OF PRICE ADJUSTMENT IN A SMALL OPEN ECONOMY", Studies in Economics and Finance, Vol. 6 No. 1, pp. 3-28. https://doi.org/10.1108/eb028626

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MCB UP Ltd

Copyright © 1982, MCB UP Limited

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