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The Theory of Output and Inflation with Rational Expectations in Open Economies

  • Paul De Grauwe
  • Michele Fratianni
  • Mustapha K. Nabli

Abstract

The objective of this chapter is to develop a theoretical framework of the real sector of a small open economy which will then be tested in Chapter 3 using annual and quarterly data from six EC member countries.

Keywords

Price Level Rational Expectation Intermediate Good Small Open Economy Real Sector 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Paul De Grauwe, Michele Fratianni and Mustapha K. Nabli 1985

Authors and Affiliations

  • Paul De Grauwe
    • 1
  • Michele Fratianni
    • 2
  • Mustapha K. Nabli
    • 3
  1. 1.Catholic University of LeuvenBelgium
  2. 2.Indiana UniversityUSA
  3. 3.University of TunisTunisia

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