The "New Keynesian" Phillips Curve: Closed Economy vs. Open Economy
收藏NBER2001-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8313
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资源简介：
The paper extends Woodford's (2000) analysis of the closed economy Phillips curve to an open economy with both commodity trade and capital mobility. We show that consumption smoothing, which comes with the opening of the capital market, raises the degree of strategic complementarity among
提供机构：
美国国家经济研究局
创建时间：
2001-06-01
