1 “... demand such as the secular increase in demand from emerging-market economies, usage efficiency...”

2 “... that is examined contains separate country blocks for the three major economies in the euro area, Germany, France...”

3 “... for closed and small, open economies. Using an extended version of Blanchard’s overlapping agents model...”

4 Subjects: “...Open Economy Macroeconomics...”

5 Subjects: “...Open Economy Macroeconomics...”

6 “... among the major industrial economies. The particular topical example analyzed here concerns the possible...”

7 “...This paper analyzes the scope for systematic rules-based fiscal activism in open economies...”

8 “... in typical emerging-market economies, including a bank-credit channel and the role of external debt...”

9 “... quarterly projection model of the US, Euro Area, and Japanese economies that incorporates oil prices...”

10 “..., and Japanese economies. The model is estimated with Bayesian techniques, which provide a very efficient way...”

11 “... projection model of the US, euro area, and Japanese economies. The model is estimated with Bayesian...”

12 “... in stabilizing output. A model-based analysis for the G3 economies (United States, euro area, and Japan) also...”

13 “... economies amplify the helpful effects of individual policy actions through positive cross-border spillovers...”

14 “.... In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy...”

15 “... equals almost 75 percent for a large economy such as the United States, and almost 100 percent for a...”

16 “... analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy...”

17 “... of this asymmetry is that it can be very costly if the economy overheats because this will necessitate a severe...”

18 “... on the world economy. It also provides a framework for assessing the effects of fiscal actions needed to help...”

19 “... policy rule and allows the economy to overheat periodically will be forced to impose large recessions...”

20 “..., which can be very costly for the economy, as shown by the Global Financial Crisis of 2008-09...”