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New Open Economy Macroeconomics [PDF]
, 2008 The New Open Economy Macroeconomics refers to a vast body of literature embracing a new theoretical framework for policy analysis in open economy, with the goal of overcoming the limitations of the Mundell-Fleming model, while preserving the empirical wisdom and policy friendliness of traditional analysis.
Giancarlo Corsetti
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Open macroeconomics in an open economy [PDF]
, 1997 There are three pillars of the new Labour Government''s approach to economic policy: delivering macroeconomic stability, tackling the supply-side barriers to growth and delivering employment and economic opportunities to all. This lecture focuses on the reforms the new government has introduced in order to deliver macroeconomic stability and why open ...
Balls, Edward
openaire +3 more sources
Productive Government Spending, Welfare and Exchange Rate Dynamics [PDF]
Financial Theory and Practice, 2008 This study analyses the consequences of productive government spending on the international transmission of fiscal policy. A standard result in the new open economy macroeconomics literature is that a fiscal shock depreciates the exchange rate.
Juha Tervala
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IS INTERNATIONAL MONETARY POLICY COORDINATION FEASIBLE FOR THE ASEAN-5 + 3 COUNTRIES?
Buletin Ekonomi Moneter dan Perbankan, 2023 We examine the feasibility of international monetary policy coordination among the ASEAN-5 + 3 countries using the two-production-factor Dynamic Stochastic General Equilibrium (DGSE) models.
Eric Alexander Sugandi
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How Resilient Is the U.S. Economy to Foreign Disturbances?
Mathematics, 2022 We assess the relative importance of domestic and foreign disturbances in explaining fluctuations in key macroeconomic variables and find that both types of shocks are equally important.
Olayinka Oyekola
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Exchange rate misalignment, capital accumulation and income distribution: Theory and evidence from the case of Brazil [PDF]
Panoeconomicus, 2013 This article analyzes the relationship between economic growth, income distribution and real exchange rate within the neo-Kaleckian literature, through the construction of a nonlinear macrodynamic model for an open economy in which investment in fixed
Oreiro José Luis, Araujo Eliane
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The impact of oil price shocks on macroeconomic indicators: Evidence from four ASEAN countries
Economic Journal of Emerging Markets, 2022 Purpose ― This study examines the impact of oil price shocks on macroeconomic indicators, namely real GDP, real exchange rates, inflation, real interest rates, the balance of payments, and unemployment rates in four ASEAN countries, namely Brunei ...
Adawiya Taufani +2 more
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Country Attractiveness: Analysis of the Main Factors
Финансы: теория и практика, 2020 Attracting investment is a relevant issue for any economy. The aim of the research is to study the factors affecting the inflow of foreign direct investment (FDI) by the example of countries leading in attracting FDI and countries of the Eurasian ...
A. G. Avetisyan
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Interest Rates Targeting of Monetary Policy: An Open Economy SVAR Study of Malaysia
Gadjah Mada International Journal of Business, 2014 This paper examines the implementation of monetary policy during the interest rates targeting in a small-open economy (i.e. Malaysia) by using an open-economy structural VAR (SVAR) study.
Zulkefly Abdul Karim, Bakri Abdul Karim
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Moneta e Credito, 2013 The Swedish School, with its representatives Ohlin, Hammarskjöld and Lindahl, madeimportant contributions to the economic theory of the open economy, even if such contributions have never been at the centre of attention of economists, probably due to ...
D. TROPEANO
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