A Behavioral New Keynesian Model of a Small Open Economy Under Limited Foresight
Author | : Seunghoon Na |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
ISBN-10 | : OCLC:1399544225 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis A Behavioral New Keynesian Model of a Small Open Economy Under Limited Foresight by : Seunghoon Na
Download or read book A Behavioral New Keynesian Model of a Small Open Economy Under Limited Foresight written by Seunghoon Na and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper investigates exchange rate dynamics in open economies by incorporating bounded rationality. We develop a small open-economy New Keynesian model with an incomplete asset market, wherein decision-makers possess limited foresight and can plan for only a finite distance into the future"--Abstract.