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Open Economy Real Business Cycle Model by duanrt127 is a document available to read on EtoBox.
What is Open Economy Real Business Cycle Model about?
The document presents an open economy real business cycle (RBC) model, detailing both complete and incomplete international financial markets. It outlines the optimization problems faced by households, firms, and the government, along with the equilibrium conditions and steady state analysis. The model incorporates various equations and assumptions, including the impact of international interest rates and adjustment costs on financial positions.
- Author
- duanrt127
- Language
- EN