The New Open Economy Macroeconomics: a Survey

Philip Lane

No 2115, CEPR Discussion Papers from C.E.P.R. Discussion Papers

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.

Keywords: Imperfect Competition; International Macroeconomics; nominal rigidities (search for similar items in EconPapers)
JEL-codes: F3 F4 (search for similar items in EconPapers)
Date: 1999-03
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Citations: View citations in EconPapers (78)

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Journal Article: The new open economy macroeconomics: a survey (2001)
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