How important is fiscal policy cooperation in a currency union?
E Okano - Journal of Economic Dynamics and Control, 2014 - Elsevier
By constructing a dynamic stochastic general equilibrium model, which assumes a currency
union consisting of two countries with nontradables, we study the importance of fiscal policy …
union consisting of two countries with nontradables, we study the importance of fiscal policy …
[图书][B] The elasticity of substitution in demand for non-tradable goods in Uruguay
F Lorenzo, D Aboal, R Osimani - 2005 - papers.ssrn.com
Abstract1 This paper's main goal is to estimate the elasticity of substitution of non-tradable
goods, paying special attention to empirical problems related to time-varying parameters …
goods, paying special attention to empirical problems related to time-varying parameters …
[图书][B] Exchange Rate Issues in the Maldives
A Adam - 2012 - researchprofiles.canberra.edu.au
The Maldives has maintained an exchange rate policy since 1994 that pegs the Maldivian
currency, the rufiyaa, to the United States (US) dollar. In small and open economies like the …
currency, the rufiyaa, to the United States (US) dollar. In small and open economies like the …
[PDF][PDF] Money illusion and exchange rate dynamics in a small open economy
C Lai - Research in World Economy, 2015 - Citeseer
This paper investigates the role of money illusion on exchange rate dynamics in a small
open economy. We find that whether the exchange rate overshoots in response to a …
open economy. We find that whether the exchange rate overshoots in response to a …