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...

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Detalhes bibliográficos
Autor principal: Karam, Philippe
Outros Autores: Pagan, A. R.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2008.
coleção:IMF Working Papers; Working Paper ; No. 2008/064
Acesso em linha:Full text available on IMF