Monetary policy in a small open economy with durable goods and differing cash-in-advance constraints

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 107
Issue: 2
Pages: 246-248

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We consider the effects of inflation in a small open economy when expenditures on non-durables are more heavily financed with money than expenditures on durables. The distinctions between non-durables and durables, and asymmetric cash-in-advance constraints give rise to important dynamics.

Technical Details

RePEc Handle
repec:eee:ecolet:v:107:y:2010:i:2:p:246-248
Journal Field
General
Author Count
2
Added to Database
2026-01-25