Welfare and macroeconomic policy in small open economies

This thesis focuses on the analysis of welfare and macroeconomic policy in small open economies. The international dimension of monetary and fiscal policy is examined in a micro-founded New-Keynesian framework. The small open economy is characterized as a limiting case of a two-country dynamic gener...

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Bibliographic Details
Main Author: De Paoli, Bianca Shelton C.
Published: London School of Economics and Political Science (University of London) 2006
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.432895