09
MAY
2016
14:15
- 15:45
IWH Research Seminar
Small Open Economy Model Dynamics with Deferred Payments
Who
Philipp Engler
(Freie Universität Berlin)
Where
IWH conference room
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.
