abstract this study investigates the impact of housing and non- housing investment on the iran's gross domestic production (gdp) using quarterly data from 1370-1 to 1386-4. considering that iran has an open economy and that the net export plays an important role in gdp fluctuations, this research focuses on the difference between the effects of residential and non-residential investment in open...

â â â â â â â  â â â  the excess liquidity of the open economy has become one main factor influencing the monetary markets, financial markets and even the whole macroeconomic. in era of the post-crisis, many countries have implemented the loose monetary policies, especially the quantitative easing policy in the u.s. which worsened the situation of the excess liquidity. under this background, it...

abstract in this paper, the effect of foreign sector macro-variable on inflation dynamics and firms’ pricing behavior has been investigated in the context of a small open economy new keynesian phillips curve. this curve is derived and estimated for a developing oil-exporting economy suffering from dutch disease. this version of nkpc is an extension of leith and malley’s (2007) small open econom...

In less than a decade, sharing economy platforms have fostered competition and redefined industry boundaries in a range of businesses. Two sharing economy pioneers—Uber and Airbnb—are now well-known global giants and leading players in the sector, which is estimated to reach $335 billion by 2025.3 At the other end of the spectrum are small startups focusing on different niches; several hundreds...

Abstract In this paper, the effect of foreign sector macro-variable on inflation dynamics and firms’ pricing behavior has been investigated in the context of a small open economy New Keynesian Phillips Curve. This curve is derived and estimated for a developing oil-exporting economy suffering from Dutch Disease. This version of NKPC is an extension of Leith and Malley’s (2007) small open econom...

Starting in the early 1990s, the New Open Economy Macroeconomics refers to a vast body of literature embracing a new theoretical framework for policy analysis in open economy, with the goal of overcoming the limitations of the Mundell-Fleming model, while preserving the empirical wisdom and policy friendliness of traditional analysis. Building general equilibrium models with imperfect competiti...

In the discussions of trading, unemployment and income distribution inequality, this question is raised by economists that in economic development of developing and developed countries, which policy is necessary in the first stage. Is trading liberalization the pre-requirement of transfer from a close economy to a relative open economy and is it necessary for the developed economy compared to o...

Many important questions in the field of public finance can be viewed as problems involving policies open economies. This paper draws together, from that perspective, a wide range topics economics, emphasizing implications resource mobility for our understanding efficiency and distributional impacts policies. These are relevant purposes policy evaluation, political economy, broadest governance ...