Keywords: Small open economies
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Journal Articles
Journal: EconomiA
EconomiA (2023) 24 (2): 264–311.
Published: 19 September 2023
.... The authors also show that commodity price news shocks explain about 24% of output aggregate fluctuations in the small open economy. Practical implications Given the importance of both anticipated and unanticipated commodity price shocks, policymakers should pay attention to developments in commodity...

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