The Global business cycle, commodity prices and the small open economy : a monetary approach
Bond, Gary E
The analyses contained in this Thesis seek to provide insight into the
complex mechanisms through which global monetary disturbances affect the
small open economy. The key insight provided by this study is that the
adjustment response within the small open economy depends critically on
both the characteristics of the economy itself and the transmission
linkages affected by the monetary shock.
An important contribution lies in the analysis of the case where the
small open economy...[Show more]
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