EXTENDING A SMALL OPEN ECONOMY MODEL TO A MULTI-REGIONAL SETTING: DOMESTIC OUTPUT DETERMINATION

被引：0
|
作者：
Iordanov, Iordan V. [1 ]
Vassilev, Andrey A. [1 ,2 ]
机构：
[1] Univ Sofia, Fac Math & Informat, Sofia 1164, Bulgaria
[2] Bulgarian Natl Bank, Sofia, Bulgaria
来源：
COMPTES RENDUS DE L ACADEMIE BULGARE DES SCIENCES | 2014年 / 67卷 / 12期
关键词：
dynamic model; general equilibrium; small open economy; monetary union; MONETARY-POLICY;
D O I：
暂无
中图分类号：
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号：
07 ; 0710 ; 09 ;
摘要：
We report results from a modification of a small open economy model by Gall and Monacelli which extends their model to the case of several regions (monetary unions). The results provide a generalized representation of domestic output as a function of domestic and foreign prices and exchange rates, using an alternative index form that ensures explicit dimensionality consistency.
引用
收藏
页码：1621 / 1628
页数：8
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