Download Tag: OPEN ECONOMY


ESSAYS ON OPEN ECONOMY, INFLATION AND LABOUR MARKETS

ABSTRACT In these last years there has been an increasing literature developing DSGE Open Economy Models with market imperfections and nominal rigidities. It is the so called”New Open Economy Macroeconomics”. Up to now within this class of models (and differently from what it is happening in New Keynesian closed economy models) relatively little attention has been devoted to the labor markets. The first two chapters provide two cases where relaxing ...

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