by Pierre-Richard Agénor and Luiz Awazu Pereira da Silva This paper presents a simple integrated macroeconomic model of a small, bank-dependent open economy with a managed float and financial frictions.
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Macroeconomic policy under a managed float: a simple integrated framework
by Pierre-Richard Agénor and Luiz Awazu Pereira da SilvaThis paper presents a simple integrated macroeconomic model of a small, bank-dependent open economy with a
