Author: | Lane, P. R. |
Title: | The new open economy macroeconomics: a survey |
Journal: | Journal of International Economics
2001 : AUG, VOL. 54:2, p. 235-266 |
Index terms: | Macroeconomics Management literature |
Freeterms: | New open economy macroeconomics Nominal rigidities Imperfect competition |
Language: | eng |
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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