Macroeconomics of small open economies:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Berlin
dissertation.de
2005
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| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Zugl.: Bern, Univ., Diss., 2004 |
| Beschreibung: | IX, 137 S. zahlr. graph. Darst. 210 mm x 150 mm, 270 gr. |
| ISBN: | 3898259544 |
Internformat
MARC
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Datensatz im Suchindex
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| adam_text | Contents
Contents vii
1 Quantitative open economy NNS models 1
1.1 Introduction 1
1.2 Genesis 3
1.2.1 International RBC approach 3
1.2.2 Market incompleteness and the small country assump¬
tion 4
1.2.3 New Neoclassical Synthesis 7
1.3 Model evaluation 9
1.4 Laboratory for policy analysis 13
1.5 Concluding remarks 18
Bibliography 19
2 The role of exchange rate stabilization 25
2.1 Introduction 25
2.2 The Model 29
2.2.1 Behavior of final good producers 29
2.2.2 Digression: Total demand for input factor i 31
2.2.3 Behavior of intermediate good producer i 32
2.2.4 Behavior of representative agent 37
2.2.5 Fiscal and monetary policy 41
2.2.6 Market clearing 42
2.2.7 Closing the model: International asset markets .... 43
2.3 Solution, parameterization, and diagnostic check 44
2.3.1 Baseline parameterization 45
2.3.2 Dynamic effects 47
viii CONTENTS
2.4 The role of exchange rate stabilization 54
2.4.1 Interest rate rules to be investigated 56
2.4.2 Simulation results 60
2.5 Conclusions 66
2.A Stationary representation 68
2.A.I Change in notation and useful simplifications .... 68
2.A.2 Equilibrium conditions 70
2.A.3 Deflating the system 72
2.B Non stochastic steady state 74
2.C First order approximation 77
2.C.I Linear system 77
2.C.2 Digression: The New Phillips curve 80
2.D Exchange rate peg 80
Bibliography 81
Tables 86
3 Technology shocks and employment in open economies 87
3.1 Introduction 87
3.2 Benchmark model 92
3.2.1 Estimation method 92
3.2.2 Two critical remarks 94
3.2.3 Replication results 97
3.3 Nominal block 100
3.3.1 Estimation method 100
3.3.2 Replication results 102
3.4 Extensions 105
3.4.1 Open economy block 105
3.4.2 Structural VECM approach 109
3.5 Conclusions 112
3.A Univariate unit root tests 114
3.B Estimation of structural VARs and VECMs 115
3.B.I Non cointegrated case 115
3.B.2 Cointegrated case 121
3.C Bootstrap confidence intervals 126
3.D Model specifications 128
Bibliography 133
CONTENTS ix
Tables and figures 137
|
| any_adam_object | 1 |
| author | Wälti, Manuel |
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| dewey-ones | 330 - Economics |
| dewey-raw | 330 |
| dewey-search | 330 |
| dewey-sort | 3330 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Book |
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| indexdate | 2024-07-09T20:07:00Z |
| institution | BVB |
| isbn | 3898259544 |
| language | English |
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| physical | IX, 137 S. zahlr. graph. Darst. 210 mm x 150 mm, 270 gr. |
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| spelling | Wälti, Manuel Verfasser aut Macroeconomics of small open economies Manuel Wälti Berlin dissertation.de 2005 IX, 137 S. zahlr. graph. Darst. 210 mm x 150 mm, 270 gr. txt rdacontent n rdamedia nc rdacarrier Zugl.: Bern, Univ., Diss., 2004 Realer-Konjunkturzyklus-Theorie (DE-588)4418672-1 gnd rswk-swf Wechselkurspolitik (DE-588)4131291-0 gnd rswk-swf Stabilitätspolitik (DE-588)4077791-1 gnd rswk-swf Offene Volkswirtschaft (DE-588)4172486-0 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Offene Volkswirtschaft (DE-588)4172486-0 s Wechselkurspolitik (DE-588)4131291-0 s Stabilitätspolitik (DE-588)4077791-1 s Realer-Konjunkturzyklus-Theorie (DE-588)4418672-1 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013151036&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Wälti, Manuel Macroeconomics of small open economies Realer-Konjunkturzyklus-Theorie (DE-588)4418672-1 gnd Wechselkurspolitik (DE-588)4131291-0 gnd Stabilitätspolitik (DE-588)4077791-1 gnd Offene Volkswirtschaft (DE-588)4172486-0 gnd |
| subject_GND | (DE-588)4418672-1 (DE-588)4131291-0 (DE-588)4077791-1 (DE-588)4172486-0 (DE-588)4113937-9 |
| title | Macroeconomics of small open economies |
| title_auth | Macroeconomics of small open economies |
| title_exact_search | Macroeconomics of small open economies |
| title_full | Macroeconomics of small open economies Manuel Wälti |
| title_fullStr | Macroeconomics of small open economies Manuel Wälti |
| title_full_unstemmed | Macroeconomics of small open economies Manuel Wälti |
| title_short | Macroeconomics of small open economies |
| title_sort | macroeconomics of small open economies |
| topic | Realer-Konjunkturzyklus-Theorie (DE-588)4418672-1 gnd Wechselkurspolitik (DE-588)4131291-0 gnd Stabilitätspolitik (DE-588)4077791-1 gnd Offene Volkswirtschaft (DE-588)4172486-0 gnd |
| topic_facet | Realer-Konjunkturzyklus-Theorie Wechselkurspolitik Stabilitätspolitik Offene Volkswirtschaft Hochschulschrift |
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