A Structuralist Model of the Small Open Economy in the Short, Medium and Long Run
Open-economy macroeconomics contains a monetary model in the Keynesian tradition that is deemed serviceable for analyzing the short run and a nonmonetary neoclassical model thought capable of handling the long run. But do the Keynesian and neoclassical models meet the challenges thrown out by the ma...
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Main Authors: | HOON, Hian Teck, PHELPS, Edmund S. |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2007
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Online Access: | https://ink.library.smu.edu.sg/soe_research/843 https://ink.library.smu.edu.sg/context/soe_research/article/1842/viewcontent/Structuralist_open_economy.pdf |
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Institution: | Singapore Management University |
Language: | English |
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