economy and on the policy framework that is in place. In this paper we investigate the macro response of a group of commodity … commodity prices affect the domestic economy. For this we use a simple open-economy model with nominal rigidities and financial …

This paper develops an open economy model in which financial intermediation is subject to occasionally binding …

This paper surveys recent research in open-economy macroeconomics, using questions raised by European economic and …

The paper develops a simple stochastic new open economy macroeconomic model based on sticky nominal wages. Explicit …