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The price effects of monetary changes: The case of a small open economy
Journal article   Peer reviewed

The price effects of monetary changes: The case of a small open economy

J.A. Dwyer and P.E.T. Lewis
Journal of Macroeconomics, Vol.13(1), pp.117-131
1991
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Abstract

It has been proposed that a change in the money supply has different effects on the traded and non-traded goods sectors due to the existence of separate flexible and fixed price markets. This has important implications because of the consequent real effects on production decisions and producer incomes within the various flexible and fixed price markets. The purpose of this paper is to examine the effects of monetary changes on prices of traded and non-traded goods and to discuss the implications of this for Australia and other similar small open economies.

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Collaboration types
Domestic collaboration
Citation topics
6 Social Sciences
6.10 Economics
6.10.22 Monetary Policy
Web Of Science research areas
Economics
ESI research areas
Economics & Business
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