A sketch of a proof for why fiscal policy does not work under flexible exchange rates (by special request from Messrs. Eubank and Heidlage) The easiest way to show that fiscal policy does not work under flexible exchange rates was the one we covered in class on Monday!
The From The Economist print edition One of the world's main currencies is heading for a fall Get article background THE world has a new international currency: frequent-flyer miles. Launched exactly 21 years ago, they are a lot like money. Collectors check their mileage statements as
Our Net Book Value just RESEARCH TOOLS Economist.comSURVEYS Shrink-proof Sep 18th 2003 From The Economist print edition Why America's deficit is hard to turn around IF FOREIGNERS lose enthusiasm for American assets, they simply click on a mouse. Capital
The definitive reference work for CS and OR students, only S18.95 www.doverpublications.com Economist.comOPINION Rudiger Dornbusch Aug 8th 2002 From The Economist print edition Rudiger Dornbusch, a far-from-dismal