An Estimated Dynamic Stochastic General Equilibrium Model of the Jordanian Economy

An Estimated Dynamic Stochastic General Equilibrium Model of the Jordanian Economy
This paper presents and estimates a small open economy dynamic stochastic general-equilibrium model (DSGE) for the Jordanian economy. The model features nominal and real rigidities, imperfect competition and habit formation in the consumer's utility function. Oil imports are explicitly modeled in the consumption basket and domestic production.... READ MORE...

Publication date: February 2011
ISBN 9781455216758
$18.00

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