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...

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