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Dynamic General Equilibrium Analysis: The Open Economy Dimension

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  • Lane, P.R.
  • Ganelli, G.

Abstract

This paper discusses some key issues in the application of dynamic general equilibrium analysis to open economy modelling. In the context of the new open economy macroeconomics paradigm, we focus on: (i) the currency denomination of sticky prices; (ii) the role of the current account and net foreign assets; and (iii) the impact of fiscal policy.

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Paper provided by Trinity College Dublin, Department of Economics in its series CEG Working Papers with number 20026.

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Date of creation: 2002
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Handle: RePEc:tcd:tcdceg:20026

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Postal: Trinity College, Dublin 2
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Fax: 6772503
Web page: http://www.tcd.ie/Economics/
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