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Filling the gap : open economy considerations for more reliable potential output estimates

Darvas, Zsolt M.; Simon, András - 2015

This paper argues that the Phillips curve relationship is not sufficient to trace back the output gap, because the effect of excess demand is not symmetric across tradeable and non-tradeable sectors. In the non-tradeable sector, excess demand creates excess employment and inflation via the...

Persistent link: https://www.econbiz.de/10011450471

Filling the gap : open economy considerations for more reliable potential output estimates

Darvas, Zsolt M.; Simon, András - 2015

This paper argues that the Phillips curve relationship is not sufficient to trace back the output gap, because the effect of excess demand is not symmetric across tradeable and non-tradeable sectors. In the non-tradeable sector, excess demand creates excess employment and inflation via the...

Persistent link: https://www.econbiz.de/10011350659

Internal imbalances in the monetary union with asymmetric openness

Liu, Shih-Fu; Hwang, Yu-Ning; Lai, Ching-chong - In: International review of economics & finance : IREF 52 (2017), pp. 380-401

Persistent link: https://www.econbiz.de/10011791360

Understanding business cycle fluctuations in Pakistan

Khan, Gulzar; Ahmed, Ather Maqsood - In: The Pakistan development review : PDR 59 (2020) 1, pp. 1-28

Persistent link: https://www.econbiz.de/10012880086

Is current trade pattern between the developed and developing countries environmentally sustainable?

Yoon, Sang Won - In: International journal of economics and finance 8 (2016) 5, pp. 138-150

Persistent link: https://www.econbiz.de/10011487409

A note on trend growth and learning about monetary policy rules in a two-block world economy

Schaling, Eric; Tesfaselassie, Mewael F. - In: Macroeconomic dynamics 21 (2017) 1, pp. 243-258

Persistent link: https://www.econbiz.de/10011686236

Monetary policy rules in an open economy with heuristics : which model is best?

Yeh, Kuo-chun - In: Emerging markets finance & trade : a journal of the … 52 (2016) 7/9, pp. 1970-1984

Persistent link: https://www.econbiz.de/10011594913

The impact of international trade shocks on domestic output, income distribution, and inflation in an agent-based model

Rolim, Lilian; Lima, Gilberto Tadeu; Baltar, Carolina … - 2022

Persistent link: https://www.econbiz.de/10013547884

Do foreign inflows let expectations dominate history?

Goyal, Ashima - In: Journal of foreign exchange and international finance : … 12 (1998) 3, pp. 189-207

Persistent link: https://www.econbiz.de/10001400930

Alternative financial policy rules in an open economy under rational and adaptive expectations

Whittaker, Rod (contributor) - 1985

Persistent link: https://www.econbiz.de/10000685456

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