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The New Open Economy Macroeconomics: A Survey

Abstract

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 Trinity College Dublin, Department of Economics in its series Trinity Economics Papers with number 993.

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Date of creation: 1999
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Handle: RePEc:tcd:tcduee:993
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Keywords: international macroeconomics; nominal rigidities; imperfect competition.;

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Find related papers by JEL classification:
  • F3 - International Economics - - International Finance
  • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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