Small Open Economy RBC

章节
发表日期：

2024年

查看全文

Hamilton Galindo Gil,
Alexis Montecinos Bravo,
Marco Antonio Ortiz Sosa

摘要

This chapter introduces the small open economy RBC model, which extends the baseline RBC model to include international trade and cross-border financial flows. With the rapid growth of globalization and economic integration, it is crucial to understand the impact of external shocks and international crises on the cyclical dynamics of the economy.