In this paper an open economy model of the New Keynesian Phillips Curve incorporating three different factors of production, domestic labor and imported as well as domestically produced intermediate goods, is developed and estimated for 9 euro area countries and the euro area aggregate. This general model nests existing closed economy and open economy models as special cases. We find that struc...

Open Source Software (OSS) is widely used as it offers several advantages such as cost saving, security and ability to modify the source code, which encourages companies to adopt it [1]. Morocco like many countries has been hit by the global crisis that affected its economy; several companies of different sizes have closed and employees were left without a fixed workplace. The objective of this...