News and Business Cycles in Open Economies
News and Business Cycles in Open Economies
About this item
Full title
Author / Creator
Publisher
Malden, USA: Blackwell Publishing Inc
Journal title
Language
English
Formats
Publication information
Publisher
Malden, USA: Blackwell Publishing Inc
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More information
Scope and Contents
Contents
We study the effects of news about future total factor productivity (TFP) in a small open economy. We show that an open-economy version of the neoclassical model produces a recession in response to good news about future TFP. We propose an open-economy model that generates comovement in response to TFP news. The key elements of our model are a weak...
Alternative Titles
Full title
News and Business Cycles in Open Economies
Authors, Artists and Contributors
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Primary Identifiers
Record Identifier
TN_cdi_proquest_miscellaneous_37062298
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_37062298
Other Identifiers
ISSN
0022-2879
E-ISSN
1538-4616
DOI
10.1111/j.1538-4616.2008.00179.x
