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Dynamic General Equilibrium Analysis: The Open Economy Dimension

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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File URL: http://www.tcd.ie/Economics/TEP/2002_papers/TEPNo12PL22.pdf
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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
Contact details of provider: Postal: Trinity College, Dublin 2
Phone: (+ 353 1) 6081325
Fax: 6772503
Web page: http://www.tcd.ie/Economics/

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