'New open economy macroeconomics' (NOEM) refers to a body of literature embracing a new theoretical framework for policy analysis in open economy, aiming to overcome the limitations of the Mundell-Fleming model while preserving the empirical wisdom and policy friendliness of traditional analysis. NOEM...
Within only a few years, the new open economy macroeconomics (NOEM) has emerged as a potential rival to the Mundell-Fleming framework, as modified by Dornb
Fiscal policy in the new open economy macroeconomics and prospects for fiscal policy coordination 来自 SSRN 喜欢 0 阅读量: 37 作者: L Coutinho 摘要: This paper reviews the literature on the effects of fiscal policy in new open economy macroeconomics (NOEM) models, complementing it with additional...
新开放经济宏观经济学(new open economy macroeconomics,NOEM)产生于上世纪末,目前处于西方开放宏观经济研究的前沿位置.作为新新古典综合(new neoclassical synthesis... 汤铎铎 - 《世界经济》 被引量: 50发表: 2009年 新古典宏观经济学的产生和发展——兼论理性预期经济分析法 新古典宏观经济学(New Classical Macro...
This branch of the NKPC literature has gained importance after the so called New Open Economy Macroeconomics (NOEM). The NOEM has been pioneered by the work of Obstfeld and Rogoff (1995). These models have been used to explore many issues not addressed in the closed-economy New Keynesian ...
international policy coordinationMundell-Fleming modelopen economy modelsstabilization policy'New open economy macroeconomics' (NOEM) refers to a body of literature embracing a new theoretical framework for policy analysis in open economy, aiming to oveSocial Science Electronic Publishing...
In this paper we introduce an overlapping generations structure of the Blanchard (J. Polit. Econ. 93 (1985) 121) type in a New Open Economy Macroeconomics (NOEM) model. This allows us to study a wider range of fiscal shocks compared to the traditional Mundell鈥揊leming (MF) and to the ...
摘要: The Float and the Japanese Economy : A Small-size Econometric Model Estimation Based on the New Open Economy Macroeconomics 岡田 義昭 地域分析 : 愛知学院大学産業研究所所報 50(2), 1-32, 2012-03关键词:新開放マクロ経済学 NOEM 小規模計量経済モデル体系 マルコフ連鎖モンテカルロ・...
"A New Open Economy Macroeconomics Model (NOEM) with Endogenous Portfolio Diversi...cation and Firms Entry." Chapter II of her dissertation: "International Transmission, Firm Entry and Risk Shar- ing." European University Institute (March, 2008.)Arespa Castello, M., 2012. A new open economy...
This paper reviews the literature on the effects of fiscal policy in new open economy macroeconomics (NOEM) models, complementing it with additional results that attempt to clarify the importance of the exchange rate regime (fixed or flexible) and of the type of policy (balanced budget or debt...