Giménez, Eduardo L.; Martín-Moreno, José María - In: Spanish Economic Review 4 (2002) 3, pp. 159-177
This paper examines the consequences of introducing a cash-in-advance constraint into a small open economy business cycle model for the Spanish case. A business cycle model is built extending Correia, Neves and Rebelo's (1995) small open economy framework and Cooley and Hansen's (1995) monetary...