7. Monetary and Fiscal Policy in a Small Open Economy with Private Bonds

Vesa Kanniainen. MONETARY AND FISCAL POLICY IN A SMALL OPEN ECONOMY WITH PRIVATE BONDS. Raportteja ja artikkeleita 7. ISBN 051-9083-07-3. ISSN 0357-7384. The paper re-examines the short-run effects of macro policies in a portfolio balance model with international transactions with goods and assets.