Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices
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The new open-economy macroeconomics' seeks to provide an improved basis for monetary and exchange-rate policy through the construction of open-economy models that feature rational expectations, optimizing agents, and slowly adjusting prices of goods. This paper promotes an alternative approach for
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美国国家经济研究局创建时间：
2001-03-01
