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Filling the gap : open economy considerations for more reliable potential output estimates
Darvas, Zsolt M.; Simon, András - 2015
This paper argues that the Phillips curve relationship is not sufficient to trace back the output gap, because the effect of excess demand is not symmetric across tradeable and non-tradeable sectors. In the non-tradeable sector, excess demand creates excess employment and inflation via the...
Persistent link: https://www.econbiz.de/10011450471
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Filling the gap : open economy considerations for more reliable potential output estimates
Darvas, Zsolt M.; Simon, András - 2015
This paper argues that the Phillips curve relationship is not sufficient to trace back the output gap, because the effect of excess demand is not symmetric across tradeable and non-tradeable sectors. In the non-tradeable sector, excess demand creates excess employment and inflation via the...
Persistent link: https://www.econbiz.de/10011350659
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Internal imbalances in the monetary union with asymmetric openness
Liu, Shih-Fu; Hwang, Yu-Ning; Lai, Ching-chong - In: International review of economics & finance : IREF 52 (2017), pp. 380-401
Persistent link: https://www.econbiz.de/10011791360
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Understanding business cycle fluctuations in Pakistan
Khan, Gulzar; Ahmed, Ather Maqsood - In: The Pakistan development review : PDR 59 (2020) 1, pp. 1-28
Persistent link: https://www.econbiz.de/10012880086
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Monetary policy rules in an open economy with heuristics : which model is best?
Yeh, Kuo-chun - In: Emerging markets finance & trade : a journal of the … 52 (2016) 7/9, pp. 1970-1984
Persistent link: https://www.econbiz.de/10011594913
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Alternative financial policy rules in an open economy under rational and adaptive expectations
Whittaker, Rod (contributor) - 1985
Persistent link: https://www.econbiz.de/10000685456
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The economic impact of the European Common Market on the Nigerian economy
Uba, Ikedife Uzonwa - 1998
Persistent link: https://www.econbiz.de/10000655987
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Adaptive learning with a unit root : an application to the current account
Davies, Ronald B. (contributor); Shea, Paul (contributor) - 2006
Persistent link: https://www.econbiz.de/10003432591
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Alternative financial policy rules in an open economy under rational and adaptive expectations
Whittaker, Rod (contributor) - 1985
Persistent link: https://www.econbiz.de/10003467896
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Adaptive learning with a unit root : an application to the current account
Davies, Ronald B.; Shea, Paul - In: Journal of economic dynamics & control 34 (2010) 2, pp. 179-190
Persistent link: https://www.econbiz.de/10003947655