Implications of Empirical Properties of a Hypothetical Open Economy
M. L. Burstein
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M. L. Burstein: York University
Chapter 7 in The New Art of Central Banking, 1991, pp 140-152 from Palgrave Macmillan
Abstract:
Abstract The implications of a menu of plausible changes in data in an open economy for trade/business fluctuations are inconsistent with systemic cyclical motion; and surely with monetary motivation of cyclical motion.
Keywords: Open Economy; Trade Cycle; Financial Asset; Bank Lending; Cyclical Motion (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11626-3_7
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DOI: 10.1007/978-1-349-11626-3_7
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