Size, economic structure and stabilization policies

Author(s): Worrell, DeLisle (1992)

Created 20 Jul, 1992
Categories Working Papers
Views: 1963
This paper explores the implications of size for the effects of economic policy by simulating two models which are similar in structure except for parameters which reflect size characteristics. Monetary policy, fiscal policy and import substitution are shown to have different effects in large and small economies.

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