Small Open Economy DSGE Model with Natural Disaster and Foreign Aid
The study has found that an exchange rate intervention by the central bank should be the monetary response to a natural calamity. The rationale is that an exchange rate intervention policy insulates the economy from any Dutch disease effects thereby stabilizing the economy faster than the common inf...
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| Format: | text |
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Animo Repository
2017
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| Online Access: | https://animorepository.dlsu.edu.ph/res_aki/133 https://animorepository.dlsu.edu.ph/context/res_aki/article/1133/viewcontent/volume_ix_5.pdf |
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| Institution: | De La Salle University |