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The New Open Economy Macroeconomics: a Survey

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  • Lane, Philip R.

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.

Suggested Citation

  • Lane, Philip R., 1999. "The New Open Economy Macroeconomics: a Survey," CEPR Discussion Papers 2115, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:2115
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    More about this item

    Keywords

    Imperfect Competition; International Macroeconomics; nominal rigidities;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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