Economic Adjustment in Small Open Economies to External Shocks Arising from the Carry Trade, Trade Liberalisation and Remittance Flows
In recent years the vulnerability of both advanced and emerging small open economies to external shocks has attracted significant attention. Among these types of shocks, three shocks emanating from sudden movements of exchange rates, financial flows such as workers' remittances and trade liberalisation are identified to be of particular importance. This thesis is composed of three independent essays that investigate the macroeconomic impacts on small open...[Show more]
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