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Dynamics of a sticky price small open economy facing technology shocks: why be open?

Authors :
Tasci, Hakan
Source :
Applied Economics. August-Sept, 2008, Vol. 40 Issue 16-18, p2175, 16 p.
Publication Year :
2008

Abstract

A study was conducted to present a small open economy model which is part of the world that consists of a continuum of infinitesimal open economies. The degree of openness is discussed, and its effect is addressed by comparing the impulse responses of a small open economy and closed economy that face productivity shocks.

Details

Language :
English
ISSN :
00036846
Volume :
40
Issue :
16-18
Database :
Gale General OneFile
Journal :
Applied Economics
Publication Type :
Periodical
Accession number :
edsgcl.188012870