𝔖 Bobbio Scriptorium
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Monetary policies in an intertemporal macroeconomic model with imperfect competition

✍ Scribed by John Fender; Chong K. Yip


Book ID
113248192
Publisher
Elsevier Science
Year
1993
Tongue
English
Weight
797 KB
Volume
15
Category
Article
ISSN
0164-0704

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## Abstract We develop a structural model of a small open economy with gradual exchange rate pass‐through and endogenous inertia in inflation and output. We then estimate the model by matching the implied impulse responses with those obtained from a VAR model estimated on Swedish data. Although our