Menu Expand

Cite JOURNAL ARTICLE

Style

Jarchow, H. Fiskalpolitik, Angebotsbedingungen und Wechselkursdynamik. Journal of Contextual Economics – Schmollers Jahrbuch, 110(1), 21-35. https://doi.org/10.3790/schm.110.1.21
Jarchow, Hans-Joachim "Fiskalpolitik, Angebotsbedingungen und Wechselkursdynamik" Journal of Contextual Economics – Schmollers Jahrbuch 110.1, 1990, 21-35. https://doi.org/10.3790/schm.110.1.21
Jarchow, Hans-Joachim (1990): Fiskalpolitik, Angebotsbedingungen und Wechselkursdynamik, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 110, iss. 1, 21-35, [online] https://doi.org/10.3790/schm.110.1.21

Format

Fiskalpolitik, Angebotsbedingungen und Wechselkursdynamik

Jarchow, Hans-Joachim

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 110 (1990), Iss. 1 : pp. 21–35

1 Citations (CrossRef)

Additional Information

Article Details

Jarchow, Hans-Joachim

Cited By

  1. Die Auswirkungen inländischer Geld- und Fiskalpolitik sowie ausländischer Preisschocks bei importierten Rohstoffen

    Wohltmann, Hans-Werner

    Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 113 (1993), Iss. 4 P.557

    https://doi.org/10.3790/schm.113.4.557 [Citations: 0]

References

  1. Bhandary, J. S. (1982), Exchange Rate Determination and Adjustment. New York.  Google Scholar
  2. Dornbusch, R. (1976), Expectations and Exchange Rate Dynamics. Journal of Political Economy 84, 1161 - 1176.  Google Scholar
  3. Gray, J. A. (1976), Wage Indexation: A Macroeconomic Approach. Journal of Monetary Economics 2, 221- 235.  Google Scholar
  4. Herberg, H. / Hesse, H. / Schuseil, A. (1982), Imports of Intermediate Goods and the Efficacy of Fiscal Policy under Flexible Exchange Rates. Weltwirtschaftliches Archiv 118, 104 - 130.  Google Scholar
  5. Jarchow, H.-J. (1988), Fiskalpolitik bei Wechselkursflexibilität unter besonderer Berücksichtigung der Angebotsbedingungen. Diskussionsbeiträge aus dem Volkswirtschaftlichen Seminar der Universität Göttingen 38.  Google Scholar
  6. Jarchow, H.-J. / Rühmann, P. (1988), Monetäre Außenwirtschaft. I. Monetäre Außenwirtschaftstheorie. 2., neubearb. u. erw. Aufl. Göttingen.  Google Scholar
  7. Marston, R. C. (1985), Stabilization Policies in Open Economies, in: R. W. Jones /P.B. Kenen, Handbook of International Economics. Vol. II. Amsterdam, New York, Oxford, 859 - 916.  Google Scholar
  8. Sachs, J. (1980), Wages, Flexible Exchange Rates, and Macroeconomic Policy. The Quarterly Journal of Economics 94, 731 - 747.  Google Scholar
  9. Scarth, W. M. (1979), Real disturbances, perfect capital mobility, and exchange rate policy. The Canadian Journal of Economics 12, 93 - 100.  Google Scholar

Abstract

Within the framework of a model, whose supply side is characterized by indexation of wages and an imported intermediate good, analysis of expansionary fiscal policy yields the following results: anominal and real appreciation of the domestic currency, an increase of production and a decrease of domestic prices. With regard to the short run an undershooting of not only the nominal but also the real exchange rate is likely to occur. With regard to the long run the model indicates that the higher the degree of wage indexation, the smaller the real appreciation and the larger the increase of production will be.