Results 101 to 110 of about 2,386,715 (210)

Monetary policy and learning in an open economy [PDF]

open access: yes
In this paper, we examine the incentives for central bank activism and caution in a two-country open-economy model with uncertainty and learning. We find that the presence of a strategic interaction between the home and foreign central banks creates an ...
Ellison, Martin   +2 more
core  

The Value of Knowledge in the Age of the Knowledge Economy

open access: yesEkonomika Nauki
In today’s infocommunication and digital world, the value of knowledge has become as important as the cost of innovative products or services. Knowledge itself is now a commodity in the era of the knowledge economy.
V. V. Erokhin
doaj  

A Small Open Economy DSGE Model for Pakistan [PDF]

open access: yes
This paper estimates a small open economy Dynamic Stochastic General Equilibrium (DSGE) model for Pakistan using Bayesian simulation approach. Model setup is based on new Keynesian framework, characterised by nominal rigidity in prices with habit ...
Adnan Haider Bukhari, Safdar Ullah Khan
core  

News and Business Cycles in Open Economies [PDF]

open access: yes
It is well known that the neoclassical model does not generate comovement among macroeconomic aggregates in response to news about future total factor productivity.
Nir Jaimovich, Sergio Rebelo
core  

GLOBALIZATION AND ECON0MIC CONVERGENCE: AN ASSESSMENT [PDF]

open access: yes
This paper offers a critical survey of a strong globalization thesis that predicts a direct link from more open trade and investment regimes to faster economic growth in developing countries and income convergence across the global economy.
Richard KOZUL-WRIGHT, Robert ROWTHORN
core  

The Volatility of the Tradeable and Nontradeable Sectors: Theory and Evidence [PDF]

open access: yes
This paper investigates the business cycle fluctuations of the tradeable and nontradeable sectors of the US economy. Then, it evaluates whether a “New Open Economy” model having prices sticky in the producer’s currency can reproduce the observed ...
Laura Povoledo
core  

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