Understanding the distinction between the responses of Newly Industrialized Asian Economies and ASEAN Economies to foreign and domestic output shocks within the New Keynesian framework via a Small Open Economy Vector Error Correction Model (VECM)

Understanding the distinction between the responses of Newly Industrialized Asian Economies and ASEAN Economies to foreign and domestic output shocks within the New Keynesian framework via a Small Open Economy Vector Error Correction Model (VECM)

Theoretically acceptable and empirically coherent economic modelling has been a problem in open economy macroeconomics. In an attempt to address this problem, Dungey and Vehbi (2011), grounded by New Keynesian assumptions, developed a Structural Vector Error Correction Model. We apply this theory-co...

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Bibliographic Details
Main Authors: Joaquin, Ana Teresa B., Leachon, Rachel Caroline V., Manansala, Joyce Maxine P., Reyes, Sedfrey C.
Format: text
Language:English
Published: Animo Repository 2014
Subjects:
Southeast Asia > Economic conditions
Currency question
Business cycles
Vector analysis
Economics
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/10606
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Institution: De La Salle University
Language: English

Internet

https://animorepository.dlsu.edu.ph/etd_bachelors/10606

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