The BMW model: A new framework for teaching monetary macroeconomics in closed and open economies
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Cited by:
- Bofinger, Peter & Mayer, Eric & Wollmershäuser, Timo, 2002.
"The BMW model: Simple macroeconomics for closed and open economies a requiem for the IS/LM-AS/AD and the Mundell-Fleming model,"
W.E.P. - Würzburg Economic Papers
35, University of Würzburg, Department of Economics.
- Bofinger, Peter & Wollmershäuser, Timo & Mayer, Eric, 2003. "The BMW Model: Simple Macroeconomics for Closed and Open Economies - A Requiem for the IS/LM-AS/AD and the Mundell-Fleming Mode," CEPR Discussion Papers 3980, C.E.P.R. Discussion Papers.
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More about this item
Keywords
monetary policy; inflation targeting; optimal interest rate rules; simple rules; managed floating; IS/LM; Mundell-Fleming;All these keywords.
JEL classification:
- A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
- E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
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