Monetary Policy and Exchange Rate Volatility in a Small Open Economy
收藏NBER2002-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8905
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We lay out a small open economy version of the Calvo sticky price model, and show how the equilibrium dynamics can be reduced to a tractable canonical system in domestic inflation and the output gap. We employ this framework to analyze the macroeconomic implications of three alternative monetary
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美国国家经济研究局创建时间：
2002-04-01
