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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Exploration of Macro-Economic Theory of New Open Economy

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DOI: 10.25236/busem.2017.55

Author(s)

Danlin Li

Corresponding Author

Danlin Li

Abstract

With the rapid development of the world economy, the destabilizing factors of the world economy are also becoming more and more significant. As the focus of economics research field, open economy macroeconomics is admitted to the foreign has a significant effect on its economy at the same time, also in unceasing explore open economy's influence on the effectiveness of monetary policy. The new open economy macroeconomics is the inheritance and extension of the previous research orientation and research concept, which is a comprehensive exposition based on the framework of the model creation.

Keywords

New Open Economy Macroeconomics, Nominal Short Term Rigidity.