A Small Structural Monetary Policy Model for Small Open Economies with Debt Accumulation /

We extend a small New Keynesian structural model used for monetary policy analysis to address a richer class of policy issues that arise in open economy analysis. We draw a distinction between absorption and domestic output, and as the difference between the two is effectively the current account, t...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Karam, Philippe
Andere auteurs: Pagan, A. R.
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2008.
Reeks:IMF Working Papers; Working Paper ; No. 2008/064
Online toegang:Full text available on IMF