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Nominális növekedés egy kis, nyitott gazdaságban
[Nominal growth in a small open economy]

  • Kónya, István
  • Benczúr, Péter

    ()

Tanulmányunkban egy rugalmas árazású, kétszektoros nominális növekedési modellt építünk fel, amelyet a fokozatos tőkefelhalmozás melletti felzárkózás tanulmányozására használunk. Egy klasszikus kis, nyitott gazdaságot tekintünk, a külfölddel versenyző és nem versenyző szektorokkal, amit a pénz szerepével és a beruházások fokozatosságával bővítünk. A modellkeret a következő eredményeket adja: 1. a nominális árfolyam szintje középtávon befolyásol reálváltozókat is, de hosszú távon csak a nominálváltozókat; 2. a reálmodell egyensúlyi pályája mentén a reálárfolyam (relatív ár) felértékelődését figyelhetjük meg; 3. a nominális pálya és a reálegyensúlyi pálya összevetésével definiáljuk az árfolyam alul- és felülértékeltségét; valamint 4. megvizsgáljuk ezek reál- és nominálváltozókra gyakorolt hatásait. Journal of Economic Literature (JEL) kód: F32, F41, F43.

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Article provided by Közgazdasági Szemle Alapítvány (Economic Review Foundation) in its journal Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences).

Volume (Year): LII (2005)
Issue (Month): 6 ()
Pages: 556-575

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Handle: RePEc:ksa:szemle:769
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  1. Gregory W. Huffman & Mark A. Wynne, 1995. "The role of intratemporal adjustment costs in a multi-sector economy," Working Papers 9508, Federal Reserve Bank of Dallas.
  2. Rebelo, S. & Vegh, C.A., 1995. "Real Effects of Exchange-Rate-Based Stabilization: An Analysis of Competing Theories," RCER Working Papers 405, University of Rochester - Center for Economic Research (RCER).
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