Zobrazeno 1 - 10
of 79
pro vyhledávání: '"Kleine offene Volkswirtschaft"'
Autor:
Garcia-Cicco, Javier
We evaluate the dynamics of a small and open economy under simple rules for alternative monetary-policy instruments, in a model with imperfectly anchored expectations. The inflation-targeting consensus indicates that interest-rate rules are preferred
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::eb757b065177b4b16ec9baca8bd59c3b
https://hdl.handle.net/10419/249236
https://hdl.handle.net/10419/249236
We build an equilibrium model of a small open economy with labor market frictions and imperfectly enforced regulations. Heterogeneous firms sort into the formal or informal sector. We estimate the model using data from Brazil, and use counterfactual
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::2e2f752d74dfde3154ad223b24748e0c
https://hdl.handle.net/10419/242901
https://hdl.handle.net/10419/242901
Autor:
Fernández, Roque B.
A DSGE (Dynamic Stochastic General Equilibrium) model is used to report the empirical behavior of the Argentine economy during the administration of the Cambiemos government coalition. Two main aspects have been taken into account: on the one hand, t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::f9d4d4725ba34c4ef7cafce2634b2b05
https://hdl.handle.net/10419/238348
https://hdl.handle.net/10419/238348
Autor:
Guillermo J. Escudé
Publikováno v:
Economics : the Open-Access, Open-Assessment e-Journal (2013)
This paper builds a DSGE model for a small open economy (SOE) in which the central bank systematically intervenes both the domestic currency bond and the FX markets using two policy rules: a Taylor-type rule and a second rule in which the operational
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e65dfdbbf25fce99efa318e19b7f2700
Autor:
Iñaki Erauskin
Publikováno v:
SERIEs. 2:233-253
This paper analyzes the impact of financial openness on the size of the government in a stochastically growing small open economy when public spending is productive and volatility-reducing using a portfolio approach. The main result of the model is t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7af8561dd885fab14f159f01ac778b97
https://doi.org/10.1007/s13209-010-0029-0
https://doi.org/10.1007/s13209-010-0029-0
In a number of countries a substantial proportion of mortgage loans is denominated in foreign currency. In this paper we demonstrate how their presence affects economic policy and agents' welfare. To this end we construct a small open economy model w
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::159092b2b6431ee115ec09f0d45d5c27
https://hdl.handle.net/10419/154216
https://hdl.handle.net/10419/154216
The recent debt crises in Europe and the U.S. states feature similar sharp increases in spreads on government debt but also show important differences. In Europe, the crisis occurred at high government indebtedness levels and had spillovers to the pr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::9f1609d1b682b5edb21511dc54eb544d
https://hdl.handle.net/10419/130681
https://hdl.handle.net/10419/130681
This paper determines the relative importance of technical efficiency and reallocation for aggregate productivity growth in a small open European economy. To this end we use a dataset containing all Belgian firms active in the private sector, both se
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::f81a91bf2bf10c6f63d6dae2225aec14
https://hdl.handle.net/10419/144469
https://hdl.handle.net/10419/144469
Autor:
Kaitila, Ville, Virkola, Tuomo
In this paper we analyse to what extent the Nordic economies are vulnerable to external shocks. Specifically, we assess the conventional wisdom that the Nordic countries are small open economies that are significantly engaged in international trade,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::b10a78cd41466243f460cb8984199a33
https://hdl.handle.net/10419/201303
https://hdl.handle.net/10419/201303
Autor:
Virkola, Tuomo
This paper studies the effects of discretionary fiscal policy shocks under different exchange rate regimes within a structural vector autoregressive (SVAR) model. We first suggest that by estimating the effects of fiscal policy shocks in two structur
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::684bdd46a58d791dc69a13c45b5503bb
https://hdl.handle.net/10419/201302
https://hdl.handle.net/10419/201302