Size, economic structure and stabilisation policies

Author(s): Worrell, DeLisle (1991)

Created 22 Jul, 1991
Categories Working Papers
Views: 2091
This paper explores the implication 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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