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Published in 2017 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100517000438
Abstract: In this paper, we develop a small open economy New Keynesian dynamic stochastic general equilibrium (DSGE) model to understand the relative importance of two key technology shocks, Hicks neutral total factor productivity (TFP) shock and…
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Keywords:
business cycles;
shocks business;
technology;
post liberalization ... See more keywords