THE MACROECONOMIC EFFECTS OF A PRODUCTIVITY SHOCK IN THE NONTRADED GOODS SECTOR
This paper analyses the macroeconomic effects of a productivity shock in the nontraded goods sector using a small open economy model. The paper develops a simple dynamic general equilibrium model offering intuitive explanations of how a productivity shock affects a small open economy. The model give...
Bewaard in:
| Gepubliceerd in: | Ekonomika |
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| Hoofdauteur: | |
| Formaat: | Artigo |
| Taal: | Inglês |
| Gepubliceerd in: |
Vilniaus Universitetas
2007
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| Onderwerpen: | |
| Online toegang: | https://www.redalyc.org/articulo.oa?id=692273756005 |
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