Dynamic General Equilibrium Analysis: The Open Economy Dimension

This paper discusses some key issues in the application of dynamic general equilibrium analysis to open economy modelling. In the context of the new open economy macroeconomics paradigm, we focus on: (i) the currency denomination of sticky prices; (ii) the role of the current account and net foreign assets; and (iii) the impact of fiscal policy.

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Year of publication:	2002
Authors:	Lane, Philip R. ; Ganelli, Giovanni
Institutions:	Department of Economics, Trinity College Dublin

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Extent:	application/pdf
Series:	Trinity Economics Papers.
Type of publication:	Book / Working Paper
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005729331