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...
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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
2011.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2011/028 |
| Online adgang: | Full text available on IMF |