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Small open economy

Credit Crunch in a Small Open Economy

Credit Crunch in a Small Open Economy

... Credit Crunch in a Small Open Economy Brzoza-Brzezina, Michal and Makarski, Krzysztof National Bank of Poland, Warsaw School of Economics... djH −µF djF..[r] ...

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Economic Growth with Asset Bubbles in a Small Open Economy

Economic Growth with Asset Bubbles in a Small Open Economy

... and open economies. In a closed economy, however, the amount of internal bubbly assets is li- ...closed economy. On the other hand, in a small open economy, L-entrepreneurs have ...

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A small open economy modelling: A Bayesian DSGE approach

A small open economy modelling: A Bayesian DSGE approach

... a small open economy and the rest of the world 16 and contains households, firms, a monetary authority and a passive fiscal ...closed economy variant of the open economy ...the ...

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Monetary policy and inflation targeting in a small open economy

Monetary policy and inflation targeting in a small open economy

... Monetary policy and inflation targeting in a small open-economy Abdul Karim, Zulkefly and Md.. Said, Fathin Faezah and Jusoh, Mansor and Md.[r] ...

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Home Production and Small Open Economy Business Cycles

Home Production and Small Open Economy Business Cycles

... a small open economy model with home production and uses it to discuss how the presence of home production helps to explain the di¤er- ences between developed economies and emerging markets in the ...

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Monetary Policy in a Small Open Economy with Non Separable Government Spending

Monetary Policy in a Small Open Economy with Non Separable Government Spending

... a small open economy to allow for the presence of non-separable government consumption in the utility ...world economy, domestic government consumption and foreign government consumption will ...

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Indeterminacy in a dynamic small open economy with international migration

Indeterminacy in a dynamic small open economy with international migration

... Abstract: This paper presents a dynamic small open economy version of the standard neoclassical exogenous growth model with international migration. It considers both the case of perfect world ...

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Monetary policy transparency and inflation persistence in a small open economy

Monetary policy transparency and inflation persistence in a small open economy

... Keynesian small open economy model, we examine the effects of central bank transparency on inflation ...the economy, the central bank preference and its initial degree of ...

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Is Optimal Monetary and Fiscal Policy in a Small Open Economy Time Consistent?

Is Optimal Monetary and Fiscal Policy in a Small Open Economy Time Consistent?

... an open question whether OMFP is time consistent in a small open economy for several ...a small open economy is affected by the choice of the foreign exchange rate regime ...

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Investment Specific Technology Shocks in a Small Open Economy

Investment Specific Technology Shocks in a Small Open Economy

... the economy, without having to account for the the contribution made by any other exogenous propagation facing the ...this small open economy framework adjustment costs are introduced to ...

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Dynamic Analysis of Health Status in a Small Open Economy

Dynamic Analysis of Health Status in a Small Open Economy

... In developing countries with serious poverty, the health-related policies have a large im- pact not only on these countries’ aggregate health degrees but also their whole economies. Hence, in this paper, to give a ...

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A small open economy model for Nigeria: a BVAR DSGE approach

A small open economy model for Nigeria: a BVAR DSGE approach

... a small open economy should react to business cycles, we have estimated a small open economy (SOE) model for ...Nigerian economy should be managed in the face of a cycle ...

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Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia

Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia

... Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia Abdul Majid, Muhamed Zulkhibri Islamic Development Bank.[r] ...

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Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia

Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia

... Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia Abdul Majid, Muhamed Zulkhibri Islamic Development Bank.[r] ...

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Transitional Dynamics of Disinflation in a Small Open Economy with Heterogeneous Agents

Transitional Dynamics of Disinflation in a Small Open Economy with Heterogeneous Agents

... in Economy 2, welfare gains of the earnings poor increases for low deposits ...of small open economy with heterogeneous agents upon the steady state comparisons in three dimensions: First, ...

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Financial stability in small open economy under political uncertainty

Financial stability in small open economy under political uncertainty

... in small open economy enduring political uncertainty and operating under dual exchange markets, a free exchange rate applicable to wide range of private capital transactions and controlled exchange ...

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A Small Open Economy DSGE Model for Pakistan

A Small Open Economy DSGE Model for Pakistan

... a small open economy DSGE model for ...sector economy, into the ...Pakistan economy has been analyzed by means of impulse-response ...

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Equity Premiums In Small Open Economy

Equity Premiums In Small Open Economy

... Our purpose here is to introduce a foreign sector to the model studied by Jermann 4 (1998), and to allow in this way the representative household to have a financial access to the foreign economy. Incorporating ...

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Equity Premiums In a Small Open Economy

Equity Premiums In a Small Open Economy

... the small open economy ...a small open economy environment this kind of model fails to account for a substantial equity ...

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Inequality and Education Subsidies in General Equilibrium Growth Model for a Small Open Economy

Inequality and Education Subsidies in General Equilibrium Growth Model for a Small Open Economy

... The paper is concerned with dynamic interactions between physical capital, human capital, income and wealth inequalities between different households with government subsidy to education. The model is developed on the ...

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