09
14:15 - 15:45
IWH Research Seminar
MAY
2016
14:15 - 15:45
Small Open Economy Model Dynamics with Deferred Payments
In countries of the eurozone periphery, payments are typically delayed by several weeks. In a first step, this characteristic is introduced into a new Keynesian small open economy model by the assumption that consumption goods are paid for with a delay of one quarter.
Who
(Freie Universität Berlin)