Money Growth Rules in an Emerging Small Open Economy with an informal sector

Money Growth Rules in an Emerging Small Open Economy with an informal sector

This paper is concerned with the saddle-path stability of monetary growth rules in a two-country two-sector dynamic stochastic general equilibrium model. Alongside standard features of emerging economies, such as a combination of producer and local currency pricing for exports, fiscal dominance and...

Full description

Bibliographic Details
Main Authors: Maryam Mirfatah, Zahra Nasrollahi, Paul Levine, Vasco Gabriel
Format: Article
Language:English
Published: University of Sistan and Baluchestan 2019-07-01
Series:International Journal of Business and Development Studies
Subjects:
saddle-path stability
money growth rule
limited asset market participations
informal sector
imperfect exchange rate pass-through
financial autarky
dynamic stochastic general equilibrium model (dsge)
Online Access:https://ijbds.usb.ac.ir/article_4836_9bcfefee9c480e6b7c79dc47cbac0fa7.pdf

Internet

https://ijbds.usb.ac.ir/article_4836_9bcfefee9c480e6b7c79dc47cbac0fa7.pdf

Similar Items