Academic literature on the topic 'Small open economy'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Small open economy.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "Small open economy"

1

Schmitt-Grohé, Stephanie, and Martı́n Uribe. "Closing small open economy models." Journal of International Economics 61, no. 1 (October 2003): 163–85. http://dx.doi.org/10.1016/s0022-1996(02)00056-9.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Makrevska, Trajanka, and Gorica Popovska Nalevska. "MONETARY POLICY IN SMALL OPEN ECONOMY." Knowledge International Journal 28, no. 1 (December 10, 2018): 143–46. http://dx.doi.org/10.35120/kij2801143m.

Full text
Abstract:
Money and stabilization are the central problems of macroeconomics and macroeconomic policy today. Since the Great Depression money policy has been getting significant meaning. Dirigible money is created in the true sense of the word, i.e. money that is fully subordinated to the purposes of the national economic policy.By leaving the automatism of the golden rule regarding the mechanism of the monetary regulation, not just inside the economy but also in the external economy, it led to taking over the responsibility of the state for the development of internal monetary situation and a system of international payment relations, i. e. external liquidity of the economy. The state takes over directly (with the Central bank) the responsibility for the monetary credit policy in general, for the regulation of money supply, and also for the regulation of the basic commodity-money relations inside the economy, the stability of the economy, prices and the exchange rate. Is monetary policy able to substantially support development, especially in small open economy? Yes. Adequate liquidity with relative price stability, credible monetary institutions and a high degree of confidence in the domestic currency and financial institutions and markets are one of the pillars of sustainable economic development. Small open economies are still far from these standards and still much can be improved.
APA, Harvard, Vancouver, ISO, and other styles
3

Asgharian, Hossein, and Björn Hansson. "Equity Risk Factors for a Small Open Economy: A Risk Management Perspective." Multinational Finance Journal 5, no. 4 (December 1, 2001): 225–57. http://dx.doi.org/10.17578/5-4-1.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Croce, Mariano Massimiliano, Mohammad R. Jahan-Parvar, and Samuel Rosen. "SONOMA: a Small Open ecoNOmy for MAcrofinance." International Finance Discussion Paper, no. 1349 (July 2022): 1–78. http://dx.doi.org/10.17016/ifdp.2022.1349.

Full text
Abstract:
We develop a new small open economy model (SONOMA) in which domestic corporate debt and equities are affected by shocks to both external credit and equity markets. In a novel empirical analysis of several small-but-developed economies, we show that both external debt and equity shocks are important determinants of domestic economic fluctuations, corporate leverage, and net foreign asset positions. SONOMA replicates our empirical facts about asset prices, financial flows, and economic activity.
APA, Harvard, Vancouver, ISO, and other styles
5

Lanz, Bruno, and Thomas F. Rutherford. "GTAPinGAMS: Multiregional and Small Open Economy Models." Journal of Global Economic Analysis 1, no. 2 (December 30, 2016): 1–77. http://dx.doi.org/10.21642/jgea.010201af.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Ambriško, Róbert. "Fiscal Devaluation in a Small Open Economy." Russian Journal of Money and Finance 78, no. 1 (March 2019): 67–88. http://dx.doi.org/10.31477/rjmf.201901.67.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Karayalcin, Cem. "Redistributive Taxation in a Small Open Economy." Canadian Journal of Economics 29, no. 3 (August 1996): 688. http://dx.doi.org/10.2307/136257.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Strašek, Sebastjan. "A Small Open Economy and Integration Processes." Eastern European Economics 32, no. 5 (September 1994): 87–94. http://dx.doi.org/10.1080/00128775.1994.11648546.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Boug, Pål, Ådne Cappelen, and Anders Rygh Swensen. "Inflation Dynamics in a Small Open Economy." Scandinavian Journal of Economics 119, no. 4 (September 13, 2017): 1010–39. http://dx.doi.org/10.1111/sjoe.12194.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

GRUEN, DAVID W. R., and JEREMY SMITH. "Excess Returns in a Small Open Economy." Economic Record 70, no. 211 (December 1994): 381–96. http://dx.doi.org/10.1111/j.1475-4932.1994.tb01857.x.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Dissertations / Theses on the topic "Small open economy"

1

Čipkutė, Eivilė. "Use of Securitisation in Small Open Economy." Doctoral thesis, Lithuanian Academic Libraries Network (LABT), 2013. http://vddb.laba.lt/obj/LT-eLABa-0001:E.02~2013~D_20130327_100433-50030.

Full text
Abstract:
The research problem of this dissertation is the use of securitization in a small open economy. During the process of securitization bank’s illiquid assets are replaced by liquid assets – asset-backed securities, what allows increasing and diversifying bank’s financial resources. Having in mind the relevance of the economic situation in Lithuania, the utility of securitisation for Lithuania is analyzed in this dissertation. Dissertation also analyses positive and negative aspects of the experience of other countries in using securitization. Research showed that there is a strong correlation between GDP and credit resources in Lithuania. This fact means that country's economic growth could be promoted by finding ways to supplement the financial resources available to the banks and by encouraging them to lend out these resources. Thus, the use of the funds received after issuing asset-backed securities for further lending by banks would have a direct positive impact on the level of GDP in Lithuania. In order to successfully develop asset securitization in the country Lithuanian banks should concentrate their resources and expertise. This would help to achieve the necessary economies of scale and acceptable transaction costs. Analysis showed that Lithuanian legal framework for securitization should be also improved considering best practices from other countries in order to create greater legal certainty, reduce the administrative burden and ensure investor protection.
Disertacijoje nagrinėjama mokslinė problema yra sekiuritizacijos panaudojimas mažoje atviroje ekonomikoje. Sekiuritizacijos metu nelikvidus turtas yra pakeičiamas likvidžiu turtu – turtu padengtais vertybiniais popieriais, kuris leidžia padidinti ir diversifikuoti bankų turimus kreditinius išteklius. Atsižvelgus į darbo aktualumą Lietuvos ekonominei situacijai, darbe vertinamas sekiuritizacijos panaudojimo Lietuvoje naudingumas, analizuojami sekiuritizacijos teigiami ir neigiami aspektai, kitų šalių patirtis ir praktika. Atliktas tyrimas parodė, kad Lietuvoje egzistuoja stiprus ryšys tarp BVP ir kreditinių išteklių, kas reiškia, kad suradus būdų kaip papildyti bankų turimus finansinius išteklius ir taip paskatinus juos skolinti, atitinkamai paspartėtų šalies ekonomikos atsigavimas bei tolesnis augimas. Tad bankams pritaikius sekiuritizaciją ir išleidus turtu padengtus vertybinius popierius, o gautas lėšas panaudojus tolesniam kreditavimui, tai turėtų tiesioginės teigiamos įtakos BVP dydžiui Lietuvoje. Siekiant sėkmingai vystyti sekiuritizaciją Lietuvoje bankams vertėtų kooperuotis sutelkiant savo išteklius bei kompetenciją, kas leistų pasiekti reikiamą masto ekonomiją ir priimtinus sekiuritizacijos sandorių kaštus. Taip pat reikėtų tobulinti Lietuvos teisinę bazę sekiuritizacijos srityje pasiremiant geriausia sekiuritizacijos reguliavimo praktika: kurti didesnį teisinį tikrumą, mažinti administracinę naštą ir užtikrinti investuotojų apsaugą.
APA, Harvard, Vancouver, ISO, and other styles
2

Hawkins, Penelope Anne. "Financial constraints and the small open economy." Thesis, University of Stirling, 2000. http://hdl.handle.net/1893/21628.

Full text
Abstract:
The thesis develops a new model of the small open economy emphasizing financial constraints, based on the notion of liquidity preference as a constraining tendency on the income adjustment process. Preference for liquid assets results in a number of financial states of constraint, such as financial vulnerability, financial exclusion and financial fragility. These are explored in a regional and international context. Openness brings with it new opportunity as well as potential constraints. Models of small open economies have in general assumed away the latter and have neglected the consequences of financial openness. This is reflected in the absence of a means to identify economies as small and open on the basis of their financial exposure. The financial vulnerability index is developed to address this deficit. Applied to twenty-one countries, the index reveals that emerging countries can be classified as small open economies constrained by preference for liquid assets. Policies designed with the conventional approach to constraints in mind appear to be inappropriate for these countries. The concept of constraints has rarely been dealt with explicitly and a possible categorisation of constraints for mainstream and Post Keynesian schools is developed. It proves to be a useful point of entry for grasping ontological differences between schools. It also provides insights into the constraining tendencies facing the small open economy, and how they can be managed. When these insights are applied to the South African economy, the current macroeconomic policy, and critiques thereof, are found to be wanting.
APA, Harvard, Vancouver, ISO, and other styles
3

Athanasoglou, Panayotis P. "A disequilibrium model for a small open economy." Thesis, University of Sussex, 1988. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.260029.

Full text
Abstract:
This study is mainly concerned with the developmen~ of a disequilibrium model for a small open economy and its application to the Greek manufacturing sector over the period 1962- 1982 using quarterly data. The economy defined comprises two sets of agents: firms and households, operating in two markets: goods and labour. Firms, which are profit maximizers, produce a non-storable good and demand labour while consumers, which are utility maximizers, demand goods and supply labour. Prices (and wages) are considered fixed in the short run and agents perceive quantity constraints. Taking into account the spill-over effects from the one market to the other, one can determine the appropriate effective demand functions for employment and imports. In the present case, the economy will alternatively belong to three different unemployment regimes; namely the classical, the keynesian and the repressed inflation. Actual output and exports which are endogenous in this model, are given by the production function and the foreign demand for the domestic product, respectively. However, actual employment is determined by the minimum of notional (Walrasian) demand for labour, effective demand for labour and the supply of labour, while actual imports are conditional to the regime ciassification obtained in the labour market. The equations of the model appropriately extended to reflect the dynamics and the specific characteristics of the Greek manufacturing sector were estimated by both least squares and maximum likelihood methods. Specifically, the former was applied to t~e production, imports and ex?orts functions, whil~ the'latter to the employment function. The construc-· tion of several time-series and the use of quarterly data for a period of 23 years made it possible to exploit the shortrun properties of the model. . It is found that this approach produces theoretically acceptable and plausible results.
APA, Harvard, Vancouver, ISO, and other styles
4

Ahlén, Jonathan. "Policy Uncertainty Shocks in a Small Open Economy." Thesis, Örebro universitet, Handelshögskolan vid Örebro Universitet, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:oru:diva-77176.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Pozo, Sánchez Jorge. "Bank risk-taking, small open economy and macroprudential policy." Doctoral thesis, Universitat Pompeu Fabra, 2019. http://hdl.handle.net/10803/668370.

Full text
Abstract:
This dissertation consists of three essays. In the first chapter, I develop a two-period small open economy with banks. The interaction of the limited liability faced by banks and the bank deposit insurance results in an excessive bank risk-taking. The model suggests that a foreign interest rate cut or a higher access to international credit markets reduces banks’ default probability and hence banks’ incentives to take excessive risk. In the second chapter, I extend the two-period model to an infinite-period model, which creates an intertemporal channel that in turn amplifies the short-term effects of an unanticipated sudden stop on excess bank risk-taking. The model predicts the substantial short-term rise in the morosity rate after the sudden stop that hit Peru in 1998. In the third chapter, I extend the chapter 1’s model to study the role of the real exchange rate on bank risk-taking decisions after a foreign interest rate cut. I find that the general equilibrium effects on real exchange rates diminish the negative effect on excessive bank risk-taking of a foreign interest rate cut discussed in chapter 1.
Esta tesis consta de tres ensayos. En el primer capítulo, presento un modelo de una economía pequeña y abierta de dos periodos con bancos. La interacción de la responsabilidad limitada de los bancos con el seguro de depósito resulta en una toma excesiva de riesgo por parte de los bancos. El modelo sugiere que un recorte en la tasa de interés extranjera o un mayor acceso a los mercados crediticios internacionales reduce la probabilidad de incumplimiento de los bancos y por tanto sus incentivos para asumir un riesgo excesivo. En el segundo capítulo, extiendo el modelo de dos periodos a un modelo con horizonte temporal infinito, que crea un canal intertemporal que a su vez amplifica los efectos de corto plazo de una inesperada fuga de capitales en el exceso de riesgo bancario. El modelo predice el aumento sustancial a corto plazo de la tasa de morosidad bancario que se dio luego de la fuga de capitales que ocurrió en Perú en 1998. En el tercer capítulo, extiendo el modelo del capítulo 1 para estudiar el rol del tipo de cambio real en las decisiones de riesgo de los bancos después un recorte de la tasa de interés extranjera. El modelo sugiere que los efectos de equilibrio general en el tipo de cambio real reducen la caída de la toma excesiva de riesgo, que se encuentra en el capítulo 1, producto de un recorte en la tasa de interés foránea.
APA, Harvard, Vancouver, ISO, and other styles
6

Costa, Luis Filipe Pereira da. "Oligopoly and capital accumulation in a small open economy." Thesis, University of York, 1999. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.323688.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

AREOSA, WALDYR DUTRA. "INFLATION DYNAMICS IN BRAZIL: THE SMALL OPEN-ECONOMY CASE." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2004. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=4914@1.

Full text
Abstract:
BANCO CENTRAL DO BRASIL
Este trabalho deriva e estima um modelo estrutural para a inflação em economia aberta. O modelo representa a Curva de Phillips Neo-Keynesiana padrão (CPNK) e a Curva Híbrida de Gali e Gertler (1999) como casos particulares. Foram gerados dois conjuntos de estimativas para a economia brasileira, tratada inicialmente como uma economia fechada e a seguir como uma pequena economia aberta. De acordo com a literatura recente, o modelo considera medidas de custo marginal como indicador relevante para a inflação e apresenta inércia inflacionária. Alguns dos resultados podem ser sintetizados da seguinte forma: (i) O Brasil, quando tratado como uma economia fechada, apresenta um grau consideravelmente maior de rigidez nominal do que Estados Unidos e Europa, bem como um elevado índice de indexação; (ii) Em economia aberta com indexação, a aceleração do câmbio nominal acrescido da inflação externa afeta a inflação ao consumidor, efeito este amplificado quanto maior a abertura da economia; (iii) O impacto das variáveis relacionadas a abertura econômica apresenta um pequeno impacto direto, com o somatório de seus coeficientes próximo a zero; (iv). Contudo, o impacto indireto é significativo, alterando consistentemente os pesos associados a inflação defasada e a expectativa da inflação futura.
This work develops and estimates a structural model for inflation in open economies. The model nests the standard New-Keynesian Phillips Curve (NKPC) and the hybrid curve of Gali and Gertler (1999) as particular cases. Two sets of estimates were generated for the Brazilian economy, treated at first as a closed economy and afterwards as a small open economy. In line with recent literature, the model presents inflation inertia and considers a marginal cost measure as the relevant indicator for inflation. Some of the findings can be summarized as follows: (i) Brazil, when treated as a closed economy, shows a considerably higher degree of nominal stickiness than United States and Europe, the same occurs with the level of indexation; (ii) In open economy with indexation, the acceleration of the nominal exchange rate together with external inflation affects consumer inflation, being this effect amplified by the economy s openness; (iii) The direct impact of the variables related to the economy s openness on inflation is small, with the sum of its coeficients close to zero; (iv) However, the indirect impact is significant since it consistently changes the weights associated with lagged inflation and future inflation expectation.
APA, Harvard, Vancouver, ISO, and other styles
8

Buainain, Sarquis Sarquis José. "Business cycles in a credit constrained small open economy." Thesis, London School of Economics and Political Science (University of London), 2009. http://etheses.lse.ac.uk/2549/.

Full text
Abstract:
This thesis addresses the sources and propagation mechanisms of business cycles in small open emerging economies. Vector autoregressive analyses (Chapter 1) of Brazil - whose regularities are common to other emerging economies - show that exogenous global credit disturbances affecting international liquidity, uncertainty and risk appetite account for over 40% of output variability. These disturbances explain the bulk of emerging economies' excess macroeconomic volatility. They transmit via credit frictions, mainly as shocks to the real interest rates that emerging economies face in international markets. They comprise about 60% of the country spread variations. Responses of output and other real aggregates to credit shocks reveal growth persistence, hump-shaped recession and recovery patterns. These regularities are examined within proposed dynamic stochastic general equilibrium models of a small open economy with permanently binding endogenous constraint on foreign credit. When accumulating capital works as collateral in the constraint, the model (Chapter 2) exhibits unprecedented intertemporal propagation, mainly through wedges between consumption's marginal rate of substitution and the return on capital. Interest rate shocks have significant persistent effects which mitigate the dominance of uncorrelated productivity shocks. The model nests properties of real business cycle models and overcomes typical anomalies of small open economy models which are derived from weak consumption substitution effects. A second model (Chapter 3) tackles the macroeconomic implications of country spread as an endogenous state variable affecting credit and business cycles. The spread is built into an endogenous credit constraint, similar to an external financial premium. Amplification and propagation mechanisms are further enhanced through an enriched intertemporal wedge. Independent US real interest rate and exogenous country spread shocks - representing exogenous credit disturbances to emerging economies - are equally important over business cycle horizons. Calibrated for Brazil, both models match qualitative and quantitative regularities empirically observed in response dynamics, second moments and variance decompositions.
APA, Harvard, Vancouver, ISO, and other styles
9

Ikeda, Akihiko. "Essays on Business Cycles in Small Open Economies." Kyoto University, 2020. http://hdl.handle.net/2433/254502.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Zhou, Ting. "Dynamic multivariate analysis of a small open economy: The case of Hawai'i." Thesis, University of Hawaii at Manoa, 2003. http://hdl.handle.net/10125/1273.

Full text
Abstract:
The main objective of the dissertation is to apply recent advances in modern econometric analysis, namely cointegrating Vector Autoregression (VAR) and Bayesian VAR (BVAR) to a small open regional economy like Hawaii. This is accomplished in three related yet independent essays demonstrating how regional modeling and forecasting can benefit from these latest developments. The first essay concentrates on the cointegrating VAR analysis, applying it to Hawaii's premier industry-tourism. Recent research in the literature on identified cointegrating VARs emphasizes the need to rely on economic theory to impose weak exogeneity assumptions, guide the search for long-run just (over) identifying restrictions and shrink the model to the most parsimonious representation. While cointegration analysis has gradually appeared in the empirical tourism literature, the focus has been exclusively on the demand side with no use of the latest identification techniques. A complete Hawaii tourism model is developed, exploiting Hall, Henry, and Greenslade's (2002) theory-directed sequential reduction methodology. Both demand and supply factors are emphasized in identifying long-run cointegrating relationships. The second essay applies the BVAR methodology to another key sector in regional modeling-construction. This essay represents the first application of priors on linear combinations of parameters-namely, sums of coefficients and dummy initial observation priors - in a BVAR construction forecasting model. I find that including these priors does not necessarily improve forecast accuracy at medium to long horizons, especially when the series are integrated and there is more than one cointegrating relationship. The third essay extends the second essay to deal with the entire regional economy. All regional models must deal with the inavailability of expenditure data at the state and local levels. This problem typically leads researchers to use either a single highly restricted VAR, or BVAR, or a model of pseudo theory driven equations. In contrast, my third essay makes use of BVAR blocks to model proxies for the expenditure categories in a traditional macro structure. Compared with existing regional BVAR models, the current setup is more complete in accounting for both the intra-action of sectors within the region and the inter-action of the region with external drivers.
APA, Harvard, Vancouver, ISO, and other styles

Books on the topic "Small open economy"

1

Schmitt-Grohe, Stephanie. Closing small open economy models. Cambridge, MA: National Bureau of Economic Research, 2002.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
2

Butrick, John. About a small open economy. Toronto: York University, Dept. of Economics, 1994.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
3

Butrick, John. About a small open economy. Toronto: York University, Dept. of Economics, 1994.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
4

Verreydt, Eric, Michael Hadjimichael, and Thomas Rumbaugh. The Gambia: Economic Adjustment in a Small Open Economy. Washington, D.C.: International Monetary Fund, 1992. http://dx.doi.org/10.5089/9781557752307.084.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Thomas, Rumbaugh, and Verreydt Eric, eds. The Gambia: Economic adjustment in a small open economy. Washington, DC: International Monetary Fund, 1992.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
6

Correia, Isabel. Business cycles in a small open economy. London: Centre for Economic Policy Research, 1994.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
7

Bovenberg, A. Lans. Green policies in a small open economy. London: Centre for Economic Policy Research, 1993.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
8

Bovenberg, A. Lans. Green policies in a small open economy. London: Centre for Economic Policy Research, 1993.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
9

Capital accumulation and economic growth in a small open economy. Cambridge: Cambridge University Press, 2009.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
10

Murchison, Stephen. A structural small open-economy model for Canada. Ottawa: Bank of Canada, 2004.

Find full text
APA, Harvard, Vancouver, ISO, and other styles

Book chapters on the topic "Small open economy"

1

Carlberg, Michael. "Small Open Economy." In Contributions to Economics, 15–72. Heidelberg: Physica-Verlag HD, 1997. http://dx.doi.org/10.1007/978-3-642-59256-0_3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Worrell, DeLisle. "The Small Open Economy." In Development and Stabilization in Small Open Economies, 327–42. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003247609-19.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Salvadori, Neri. "The small open economy." In Ricardo’s Theory of Growth and Accumulation, 48–66. Abingdon, Oxon; New York, NY: Routledge, 2020. | Series: The Graz Schumpeter lectures: Routledge, 2020. http://dx.doi.org/10.4324/9781003009511-3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Worrell, DeLisle. "Economic Adjustment and Growth in Small Developing Countries." In Open-Economy Macroeconomics, 153–63. London: Palgrave Macmillan UK, 1993. http://dx.doi.org/10.1007/978-1-349-12884-6_8.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Asada, Toichiro, Carl Chiarella, Peter Flaschel, and Reiner Franke. "Small Open KMG Economies: Australia and the Murphy model." In Open Economy Macrodynamics, 331–401. Berlin, Heidelberg: Springer Berlin Heidelberg, 2003. http://dx.doi.org/10.1007/978-3-540-24793-7_8.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Starck, Christian C. "Shocks and Aggregate Low Frequency Variability in a Small Open Economy." In Open-Economy Macroeconomics, 119–36. London: Palgrave Macmillan UK, 1993. http://dx.doi.org/10.1007/978-1-349-12884-6_6.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Nielsen, Søren Bo, and Peter Birch Sørensen. "Capital Taxation, Housing Investment and Wealth Accumulation in a Small Open Economy." In Open-Economy Macroeconomics, 203–23. London: Palgrave Macmillan UK, 1993. http://dx.doi.org/10.1007/978-1-349-12884-6_11.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Verbon, Harrie. "Public Pensions in a Small Open Economy." In The Evolution of Public Pension Schemes, 213–32. Berlin, Heidelberg: Springer Berlin Heidelberg, 1988. http://dx.doi.org/10.1007/978-3-642-45653-4_9.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Alvarez, Emiliano, Juan Gabriel Brida, and Marco Dueñas. "Inflation Expectations in a Small Open Economy." In Springer Proceedings in Complexity, 27–32. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-34127-5_3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Bruno, Catherine, and Franck Portier. "A Small Open Economy RBC Model: the French Economy Case." In Advances in Business Cycle Research, 173–94. Berlin, Heidelberg: Springer Berlin Heidelberg, 1995. http://dx.doi.org/10.1007/978-3-642-57817-5_6.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Conference papers on the topic "Small open economy"

1

Grausová, Mária, Miroslav Hužvár, and Rudolf Zimka. "On dynamics in a four-dimensional model of a small open economy." In Proceedings of the 22nd International Scientific Conference on Applications of Mathematics and Statistics in Economics (AMSE 2019). Paris, France: Atlantis Press, 2019. http://dx.doi.org/10.2991/amse-19.2019.11.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Roopchund, Ourvashee, Romeela Mohee, and Anjusha Durbarry. "Furthering Lifelong Learning to Navigate through the New Normal – A Small Island State Perspective." In Tenth Pan-Commonwealth Forum on Open Learning. Commonwealth of Learning, 2022. http://dx.doi.org/10.56059/pcf10.7948.

Full text
Abstract:
The Covid-19 pandemic has caused major disruptions to Higher Education Systems worldwide and Mauritius, a small island state, had to ensure that its people continue learning to navigate through the new normal. The Higher Education Commission (HEC) in collaboration with the Ministry of Education, Tertiary Education, Science and Technology entered into an agreement with the Commonwealth of Learning (COL) to secure scholarships under the ‘COL_Skills for Work Scholarship’, over the next 3 years. This timely initiative aims to close the skills gap of in-demand and high-demand jobs. Data from the first cohort reveals more than 50 % of learners completed their courses. A survey is underway to gauge the benefits accrued through the scheme by 1500 learners in terms of unlocking their potential to face changes in their workplace, building employability skills and personal development as well as to investigate its impact on the livelihood of people in the island. The study will be used as a basis to create strategic directions towards lifelong learning in a small island state and will also give invaluable insights into how education can be tailored made to create a talent economy, assisting higher education institutions to reinvent their learnings to meet the new needs of the economy.
APA, Harvard, Vancouver, ISO, and other styles
3

Ji, ChunLi. "Can FDI Be an Engine of Economic Diversification in A Small Open Economy: The Case of Macau." In 2015 International Conference on Social Science, Education Management and Sports Education. Paris, France: Atlantis Press, 2015. http://dx.doi.org/10.2991/ssemse-15.2015.440.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Tvrz, Stanislav, and Martin Železník. "Public Investment and EU Funds in a Small Open Economy Integrated in the Euro Area." In Hradec Economic Days 2018, edited by Petra Maresova, Pavel Jedlicka, and Ivan Soukal. University of Hradec Kralove, 2018. http://dx.doi.org/10.36689/uhk/hed/2018-02-042.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Csápai, Ádám. "Analyzing the Interactions of Monetary and Fiscal Policy in a Small Open Economy Using a DSGE Model." In EDAMBA 2021 : 24th International Scientific Conference for Doctoral Students and Post-Doctoral Scholars. University of Economics in Bratislava, 2022. http://dx.doi.org/10.53465/edamba.2021.9788022549301.63-72.

Full text
Abstract:
The principal aim of this paper is to estimate a small open economy dynamic stochastic general equilibrium (DSGE) model with monetary and fiscal policy and analyze the interaction of these policies in Hungary. In the paper we present the model in a log-linearized form. We combine both calibration and Bayesian estimation to obtain parameter values of the model. We find that the model is suitable for impulse response analysis, so we estimate the impulse response functions of the model. We examine how five endogenous variables – namely output, inflation, the nominal interest rate, government spending and government revenue – react to non-systematic shocks to the nominal interest rate, government spending and government revenue. The plotted impulse response functions allow us to study how monetary and fiscal policy interacts in a small open economy. In some cases we find that restrictive fiscal policy is accompanied by expansive monetary policy, while in other cases the policy responses to shocks are coordinated. We conclude that our results are in accordance with economic theory.
APA, Harvard, Vancouver, ISO, and other styles
6

Kalogera, Maria, Antonios Georgopoulos, and Panagiota Boura. "IS THERE A LINK BETWEEN FIRMS’ EXPORT ACTIVITY AND ECONOMIC PERFORMANCE IN A SMALL OPEN ECONOMY? EVIDENCE FROM GREECE." In 11th Business & Management Conference, Dubai. International Institute of Social and Economic Sciences, 2020. http://dx.doi.org/10.20472/bmc.2020.011.007.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Huang, C. H., H. P. Su, C. W. Yang, C. Y. Hong, and J. F. Li. "Adaptability to energy, production efficiency and the crude oil price: evidence from a small open economy." In ENERGY AND SUSTAINABILITY 2015. Southampton, UK: WIT Press, 2015. http://dx.doi.org/10.2495/esus150151.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Boarin, Sara, Giorgio Locatelli, Mauro Mancini, and Marco E. Ricotti. "Italy Re-Opening the Nuclear Option: Are SMR a Suitable Choice? An Application of the INCAS Model." In ASME 2011 Small Modular Reactors Symposium. ASMEDC, 2011. http://dx.doi.org/10.1115/smr2011-6596.

Full text
Abstract:
The Italian strategic plan for the energy policy targets 25% of the national generation mix covered by nuclear technology by 2030. Considering a demand for electric power of 340 TWh in 2010 and assuming an annual rate of increase between 2,5% and 1,0%, the national plan would require to build some 8–10 large nuclear power plants, at least. The new generation capacity may be covered by EPR or AP1000 technology or, alternatively, by multiple SMR (i.e. 300–150 MWe), or even a mix of LR and SMR. The original intent, prior to the stop imposed by the dramatic earthquake and tsunami in Japan, was to have the first plant deployed by 2020. Today the Italian strategy to re-open the nuclear option is undergoing hard criticism and its fate is currently uncertain. In this context, this paper might contribute to the debate, by exploring the economics of the nuclear option with a focus on the opportunity to invest in large NPP category rather than in multiple, modular SMR. The latter have features that may compensate the dis-economy of scale and improve their cost-effectiveness, while granting investors with a lower up-front investment and a higher capability of project self-financing. The analysis is run through the Polimi’s proprietary “INtegrated model for the Competitiveness Analysis of Small modular reactors” (INCAS).Even if some specific inputs are related to the Italian scenario (e.g. the Electricity price) the results can be generalized to countries or utilities that are planning to install more than 10 GWe of nuclear capacity.
APA, Harvard, Vancouver, ISO, and other styles
9

Aşık, Bekir. "The Effects of Structural Shocks on Turkish Economy." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.01165.

Full text
Abstract:
This paper investigates the role of the real business cycle dynamic stochastic general equilibrium model with different shocks for a small open economy. The main goal of this study is to compare the effects of different structural shocks on the macroeconomic fluctuations of Turkey. Different types of shocks are employed, such as temporary shocks, trend growth shocks, and world interest rate shock as driving forces. In addition to investigating the effects of different shocks, we consider the effects of working capital requirements and spread as friction. Variance decompositions are computed to assess the role of shocks in macroeconomic fluctuations. I fit the model to the data using Bayesian techniques to determine which shock has the most impact on the business cycles of Turkish economy over the period from the first quarter of 1988 to the last quarter of 2012. The main findings are: (1) output, consumption, and investment growth are mostly driven by the trend growth shocks and temporary shocks are less important. (2) Trade balance growth are driven by world interest rate shocks. (3) Real business model is not successful to replicate the some of the key features of economic fluctuations.
APA, Harvard, Vancouver, ISO, and other styles
10

Cleary, David J., Ronald O. Grover, and David P. Sczomak. "Development and Optimization of a Two-Valve Spark-Ignition Direct-Injection (SIDI) Small Block Engine." In ASME 2013 Internal Combustion Engine Division Fall Technical Conference. American Society of Mechanical Engineers, 2013. http://dx.doi.org/10.1115/icef2013-19168.

Full text
Abstract:
A systems approach is implemented to fully optimize the overall performance of a gasoline SIDI two-valve “small block” engine. The objective is to maximize fuel economy while achieving significant improvements in idle stability, cold-start emissions, and torque and power performance relative a baseline port-fuel-injected (PFI) engine. The scope includes the optimization of the fuel injector, piston, cylinder head, cams, in-cylinder charge motion, and the intake-manifold. The results show that the SIDI engine provides the potential to achieve 6.5% better fuel economy; a result of higher efficiency when implementing a higher geometric compression ratio and significantly better combustion performance. A multiple fuel-injection strategy is examined to provide lower HC emissions at a representative cold-start operating condition. The engine’s idle stability is improved by a factor of three; the individual contributions from a better combustion system design and from multiple fuel injections are identified. The new SIDI engine concept demonstrated significantly better wide-open-throttle (WOT) performance, including up to 10% higher torque and 6% more power when using premium fuel. This document further demonstrates the performance sensitivity to engine design variables while emphasizing the importance of using a systems approach to achieve optimized performance for the direct-injection engine technology.
APA, Harvard, Vancouver, ISO, and other styles

Reports on the topic "Small open economy"

1

Schmitt-Grohe, Stephanie, and Martin Uribe. Closing Small Open Economy Models. Cambridge, MA: National Bureau of Economic Research, October 2002. http://dx.doi.org/10.3386/w9270.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Bang-Nielsen, Mette Ersbak. Exchange rate targeting in a small open economy. Bogotá, Colombia: Banco de la República, February 2006. http://dx.doi.org/10.32468/be.367.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

López-Piñeros, Martha Rosalba, Juan David Prada-Sarmiento, and Norberto Rodríguez-Niño. Financial accelerator mechanism in a small open economy. Bogotá, Colombia: Banco de la República, August 2008. http://dx.doi.org/10.32468/be.525.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Schmitt-Grohé, Stephanie, and Martín Uribe. Reviving the Salter-Swan Small Open Economy Model. Cambridge, MA: National Bureau of Economic Research, June 2020. http://dx.doi.org/10.3386/w27447.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Grossman, Gene, and Elhanan Helpman. Growth and Welfare in A Small Open Economy. Cambridge, MA: National Bureau of Economic Research, May 1989. http://dx.doi.org/10.3386/w2970.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Brander, James, and M. Scott Taylor. International Trade and Open Access Renewable Resources: The Small Open Economy Case. Cambridge, MA: National Bureau of Economic Research, February 1995. http://dx.doi.org/10.3386/w5021.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Restrepo-Echavarría, Paulina. Disinflation costs under inflation targeting in small open economy. Bogotá, Colombia: Banco de la República, March 2005. http://dx.doi.org/10.32468/be.328.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Parrado, Eric, and Andres Velasco. Optimal Interest Rate Policy in a Small Open Economy. Cambridge, MA: National Bureau of Economic Research, January 2002. http://dx.doi.org/10.3386/w8721.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Demidova, Svetlana, Takumi Naito, and Andrés Rodríguez-Clare. The Small Open Economy in a Generalized Gravity Model. Cambridge, MA: National Bureau of Economic Research, August 2022. http://dx.doi.org/10.3386/w30394.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Hamann-Salcedo, Franz Alonso, Juan Manuel Julio-Román, and Paulina Restrepo-Echavarría. Inflation targeting in a small open economy: the colombian case. Bogotá, Colombia: Banco de la República, October 2004. http://dx.doi.org/10.32468/be.308.

Full text
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography