کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5084283 | 1477842 | 2006 | 20 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The household preference structure and pricing-to-market in the New Open Economy Macroeconomics models
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
In this paper, I study three New Open Economy Macroeconomics models to investigate how the assumptions made about the household preference structure and the degree of pricing-to-market affect the model solutions. The first model is a generalized two-country, two-sector model which produces the theoretical ambiguity concerning the state of the economy. The second model simplifies the preference structure and generates the tractable model solutions. The third pricing-to-market model finds that the terms of trade movements depend crucially on the degree of pricing-to-market. The empirical investigation is thus of much interest since theory fails to give a clear prediction.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Economics & Finance - Volume 15, Issue 4, 2006, Pages 505-524
Journal: International Review of Economics & Finance - Volume 15, Issue 4, 2006, Pages 505-524
نویسندگان
Yanchun Zhang,