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The New Open Economy Macroeconomics: a Survey

  • Lane, Philip R.

Since the 1995 publication of Obsteld and Rogoff's Redux model, there has been an outpouring of research on open-economy dynamic general equilibrium models that incorporate imperfect competition and nominal rigidities. This paper offers an interim survey of this recent literature.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 2115.

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Date of creation: Mar 1999
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Handle: RePEc:cpr:ceprdp:2115
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