Bousrih, Jihene - In: Journal of Financial Economic Policy 4 (2012) 3, pp. 232-246
Purpose – The purpose of this paper is to deal with the dynamics of a Neo‐Keynesian model applied to a small open economy, in order to show the impact of commercial openness on the choice of the optimal inflation target. Design/methodology/approach – The author uses a neo‐Keynesian model...