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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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2008.
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coleção: | IMF Working Papers; Working Paper ;
No. 2008/064 |
Acesso em linha: | Full text available on IMF |