Macroeconomics: a modern approach
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Mason, Ohio
Thomson South-Western
2008
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Ausgabe: | Internat. student ed. |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | Literaturverz. S. 467 - 473 |
Beschreibung: | XIX, 492 S. graph. Darst. |
ISBN: | 9780324545678 0324545673 |
Internformat
MARC
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245 | 1 | 0 | |a Macroeconomics |b a modern approach |c Robert J. Barro |
250 | |a Internat. student ed. | ||
264 | 1 | |a Mason, Ohio |b Thomson South-Western |c 2008 | |
300 | |a XIX, 492 S. |b graph. Darst. | ||
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338 | |b nc |2 rdacarrier | ||
500 | |a Literaturverz. S. 467 - 473 | ||
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Datensatz im Suchindex
_version_ | 1804137321974464512 |
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adam_text | PREFACE V AUTHOR XIX PART 1 INTRODUCTION 1 CHAPTER 1 THINKING ABOUT
MACROECONOMICS 2 OUTPUT, UNEMPLOYMENT, AND PRICES IN U.S. HISTORY 3
ECONOMIC MODELS 8 A SIMPLE EXAMPLE*THE COFFEE MARKET 9 EXTENDING THE
MODEL: DEMAND AND SUPPLY CURVES ARE FUNCTIONS 10 FLEXIBLE VERSUS STICKY
PRICES 14 KEY TERMS AND CONCEPTS 15 CHAPTER 2 NATIONAL-INCOME
ACCOUNTING: GROSS DOMESTIC PRODUCT AND THE PRICE LEVEL 16 NOMINAL AND
REAL GDP 16 CALCULATING REAL GDP 18 REAL GDP AS A MEASURE OF WELFARE 20
ALTERNATIVE VIEWS OF GDP*EXPENDITURE, INCOME, AND PRODUCTION 20
MEASURING GDP BY EXPENDITURE 21 MEASURING GDP BY INCOME 24 MEASURING GDP
BY PRODUCTION 27 SEASONAL ADJUSTMENT 27 BY THE NUMBERS: GROSS STATE
PRODUCT FOR U.S. STATES 29 PRICES 30 BACK TO REALITY: PROBLEMS WITH THE
CONSUMER PRICE INDEX -31 KEY TERMS AND CONCEPTS 32 QUESTIONS AND
PROBLEMS 33 PART 2 ECONOMIC GROWTH 35 CHAPTER 3 INTRODUCTION TO
ECONOMIC GROWTH 36 FACTS ABOUT ECONOMIC GROWTH 38 ECONOMIC GROWTH AROUND
THE WORLD, 1960 TO 2000 38 WORLD POVERTY AND INCOME INEQUALITY 42
LONG-TERM GROWTH IN THE UNITED STATES AND OTHER RICH COUNTRIES 44
PATTERNS OF WORLD ECONOMIC GROWTH 46 THEORY OF ECONOMIC GROWTH 46 THE
PRODUCTION FUNCTION 46 GROWTH ACCOUNTING 49 THE SOLOW GROWTH MODEL 52
BACK TO REALITY: INTELLECTUAL ORIGIN OF THE SOLOW GROWTH MODEL 53 THE
GROWTH RATE OF THE CAPITAL STOCK 54 THE GROWTH RATE OF LABOR 55 THE
GROWTH RATE OF CAPITAL AND REAL GDP PER WORKER 56 THE TRANSITION AND THE
STEADY STATE 57 XI XII CONTENTS DO THE MATH 61 SUMMING UP 62 KEY TERMS
AND CONCEPTS 62 QUESTIONS AND PROBLEMS 62 APPENDIX 64 PART A: THE
GROWTH-ACCOUNTING EQUATION 64 PART B: THE SOLOW RESIDUAL 66 PART C:
THE COBB-DOUGLAS PRODUCTION FUNCTION 66 CHAPTER 4 WORKING WITH THE SOLOW
GROWTH MODEL 68 - A CHANGE IN THE SAVING RATE 69 DO THE MATH 70 A CHANGE
IN THE TECHNOLOGY LEVEL 70 EXTENDING THE MODEL: CONSUMPTION IN THE SOLOW
MODEL 71 DO THE MATH 73 CHANGES IN LABOR INPUT AND THE POPULATION GROWTH
RATE 73 A CHANGE IN LABOR INPUT 73 DO THE MATH 75 A CHANGE IN THE
POPULATION GROWTH RATE 76 DO THE MATH 77 CONVERGENCE 78 CONVERGENCE IN
THE SOLOW MODEL 78 EXTENDING THE MODEL: ENDOGENOUS POPULATION GROWTH 79
FACTS ABOUT CONVERGENCE 82 CONDITIONAL CONVERGENCE IN THE SOLOW MODEL 83
WHERE DO WE STAND WITH THE SOLOW MODEL? 89 KEY TERMS AND CONCEPTS 89
QUESTIONS AND PROBLEMS 90 APPENDIX 91 THE RATE OF CONVERGENCE 91 CHAPTER
5 CONDITIONAL CONVERGENCE AND LONG-RUN ECONOMIC GROWTH 95 CONDITIONAL
CONVERGENCE IN PRACTICE 95 RECENT RESEARCH ON THE DETERMINANTS OF
ECONOMIC GROWTH 96 EXAMPLES OF CONDITIONAL CONVERGENCE 98 BACK TO
REALITY: A ROCK STAR S PERSPECTIVE ON DEBT RELIEF AND FOREIGN AID 99
LONG-RUN ECONOMIC GROWTH 100 MODELS WITH CONSTANT AVERAGE PRODUCT OF
CAPITAL 101 EXOGENOUS TECHNOLOGICAL PROGRESS 103 THE STEADY-STATE GROWTH
RATE 104 STEADY-STATE SAVING 106 THE TRANSITION PATH AND CONVERGENCE 107
ENDOGENOUS GROWTH THEORY 108 BACK TO REALITY: THE STORY OF NAPSTER AND
VIAGRA 112 THE DIFFUSION OF TECHNOLOGY 114 * BACK TO REALITY: HYBRID
CORN: A CASE OF TECHNOLOGICAL DIFFUSION 115 WHAT DO WE KNOW ABOUT
ECONOMIC GROWTH? 116 KEY TERMS AND CONCEPTS 116 QUESTIONS AND PROBLEMS
117 APPENDIX 117 THE STEADY-STATE PATH IN THE SOLOW MODEL WITH EXOGENOUS
TECHNOLOGICAL PROGRESS 117 CONTENTS XIII PART 3 ECONOMIC FLUCTUATIONS
121 CHAPTER 6 MARKETS, PRICES, SUPPLY, AND DEMAND 122 MARKETS IN THE
MACROECONOMY 124 THE GOODS MARKET 124 THE LABOR MARKET 124 THE RENTAL
MARKET 125 THE BOND MARKET 126 MONEY AS A MEDIUM OF EXCHANGE 126 BACK TO
REALITY: COMMON CURRENCY 127 MARKETS AND PRICES 127 THE GOODS MARKET 127
THE LABOR MARKET 128 THE RENTAL MARKET 129 THE BOND MARKET 129
CONSTRUCTING THE BUDGET CONSTRAINT 131 INCOME 131 PROFIT 131 WAGE INCOME
131 RENTAL INCOME 131 INTEREST INCOME 132 TOTAL INCOME 132 CONSUMPTION
133 ASSETS 133 HOUSEHOLD BUDGET CONSTRAINT 134 EXTENDING THE MODEL:
ALLOWING FOR A RISK PREMIUM ON OWNERSHIP OF CAPITAL 135 CLEARING OF THE
MARKETS FOR LABOR AND CAPITAL SERVICES 137 PROFIT MAXIMIZATION 137 THE
LABOR MARKET 138 DEMAND FOR LABOR 138 SUPPLY OF LABOR 140 CLEARING OF
THE LABOR MARKET 140 THE MARKET FOR CAPITAL SERVICES 141 DEMAND FOR
CAPITAL SERVICES 141 SUPPLY OF CAPITAL SERVICES 143 CLEARING OF THE
MARKET FOR CAPITAL SERVICES 143 THE INTEREST RATE 144 PROFIT IN
EQUILIBRIUM 144 BACK TO REALITY: ECONOMIC PROFIT VERSUS ACCOUNTING
PROFIT 145 SUMMING UP 146 KEY TERMS AND CONCEPTS 146 QUESTIONS AND
PROBLEMS 147 APPENDIX 148 OUTPUT EQUALS REAL FACTOR INCOMES AND PROFIT
EQUALS ZERO 148 CHAPTER 7 CONSUMPTION, SAVING, AND INVESTMENT 150
CONSUMPTION AND SAVING 150 CONSUMPTION OVER TWO YEARS 152 PRESENT VALUE
157 CHOOSING CONSUMPTION: INCOME EFFECTS 157 CHOOSING CONSUMPTION: THE
INTERTEMPORAL-SUBSTITUTION EFFECT 158 BY THE NUMBERS: EMPIRICAL EVIDENCE
ON INTERTEMPORAL SUBSTITUTION OF CONSUMPTION 160 XIV CONTENTS THE INCOME
EFFECT FROM A CHANGE IN THE INTEREST RATE 160 COMBINING INCOME AND
SUBSTITUTION EFFECTS 161 CONSUMPTION OVER MANY YEARS 161 BY THE NUMBERS:
EMPIRICAL EVIDENCE ON THE PROPENSITY TO CONSUME 165 CONSUMPTION, SAVING,
AND INVESTMENT IN EQUILIBRIUM 165 BY THE NUMBERS: THE RESPONSE OF
CONSUMPTION TO ANTICIPATED INCOME CHANGES 166 SUMMING UP 168 KEY TERMS
AND CONCEPTS 168 QUESTIONS AND PROBLEMS 169 APPENDIX 170 THE MULTTYEAR
BUDGET CONSTRAINT AND THE PLANNING HORIZON 170 CHAPTER 8 AN EQUILIBRIUM
BUSINESS-CYCLE MODEL 173 CYCLICAL BEHAVIOR OF REAL GDP*RECESSIONS AND
BOOMS 173 BY THE NUMBERS: RECESSIONS IN LONG-TERM U.S. HISTORY 177 AN
EQUILIBRIUM BUSINESS-CYCLE MODEL 177 CONCEPTUAL ISSUES 177 THE MODEL 179
THE MARGINAL PRODUCT OF LABOR AND THE REAL WAGE RATE 180 MARGINAL
PRODUCT OF CAPITAL, REAL RENTAL PRICE, AND THE INTEREST RATE 182
CONSUMPTION, SAVING, AND INVESTMENT* 184 MATCHING THE THEORY WITH THE
FACTS 185 CONSUMPTION AND INVESTMENT 185 THE REAL WAGE RATE 188 THE REAL
RENTAL PRICE 189 THE INTEREST RATE. 190 TEMPORARY CHANGES IN THE
TECHNOLOGY LEVEL 190 VARIATIONS IN LABOR INPUT 191 LABOR SUPPLY 191 THE
SUBSTITUTION EFFECT FOR LEISURE AND CONSUMPTION 192 INCOME EFFECTS ON
LABOR SUPPLY 192 INTERTEMPORAL-SUBSTITUTION EFFECTS ON LABOR SUPPLY 193
BY THE NUMBERS: EMPIRICAL EVIDENCE ON INTERTEMPORAL SUBSTITUTION OF
LABOR SUPPLY 194 FLUCTUATIONS IN LABOR INPUT 195 THE CYCLICAL BEHAVIOR
OF LABOR INPUT: EMPIRICAL 195 THE CYCLICAL BEHAVIOR OF LABOR INPUT:
THEORY 197 * THE CYCLICAL BEHAVIOR OF LABOR PRODUCTIVITY 198 SUMMING UP
198 KEY TERMS AND CONCEPTS 198 QUESTIONS AND PROBLEMS 199 CHAPTER 9
CAPITAL UTILIZATION AND UNEMPLOYMENT 201 CAPITAL INPUT 201 THE DEMAND
FOR CAPITAL SERVICES 202 THE SUPPLY OF CAPITAL SERVICES 203 BACK TO
REALITY: MULTIPLE SHIFTS AND OVERTIME HOURS 206 MARKET CLEARING AND
CAPITAL UTILIZATION 207 THE CYCLICAL BEHAVIOR OF CAPACITY UTILIZATION
209 THE LABOR FORCE, EMPLOYMENT, AND UNEMPLOYMENT 210 BASIC CONCEPTS AND
EMPIRICAL PATTERNS 210 A MODEL OF JOB FINDING 215 SEARCH BY FIRMS 218
CONTENTS XV JOB SEPARATIONS 218 JOB SEPARATIONS, JOB FINDING, AND THE
NATURAL UNEMPLOYMENT RATE 219 ECONOMIC FLUCTUATIONS, EMPLOYMENT, AND
UNEMPLOYMENT 224 VACANCIES 225 BACK TO REALITY: SEASONAL FLUCTUATIONS
228 SUMMING UP 228 KEY TERRAS AND CONCEPTS 229 QUESTIONS AND PROBLEMS
229 PART 4 MONEY AND PRICES 231 CHAPTER 10 THE DEMAND FOR MONEY AND THE
PRICE LEVEL 232 CONCEPTS OF MONEY 232 BACK TO REALITY: MONEY IN A
PRISONER-OF-WAR CAMP 233 BACK TO REALITY: WHERE IS ALL THE CURRENCY? 234
THE DEMAND FOR MONEY 237 THE INTEREST RATE AND THE DEMAND FOR MONEY 238
THE PRICE LEVEL AND THE DEMAND FOR MONEY 238 REAL GDP AND THE DEMAND FOR
MONEY 238 OTHER INFLUENCES ON THE DEMAND FOR MONEY 239 THE MONEY-DEMAND
FUNCTION 239 BACK TO REALITY: THE PAYMENTS PERIOD AND THE DEMAND FOR
MONEY 240 EMPIRICAL EVIDENCE ON THE DEMAND FOR MONEY 240 DETERMINATION
OF THE PRICE LEVEL 241 THE NOMINAL QUANTITY OF MONEY SUPPLIED EQUALS THE
NOMINAL QUANTITY DEMANDED 241 A CHANGE IN THE NOMINAL QUANTITY OF MONEY
244 THE NEUTRALITY OF MONEY 246 A CHANGE IN THE DEMAND FOR MONEY 246 THE
CYCLICAL BEHAVIOR OF THE PRICE LEVEL 247 BACK TO REALITY: THE QUANTITY
THEORY OF MONEY 248 PRICE-LEVEL TARGETING AND ENDOGENOUS MONEY 250 TREND
GROWTH OF MONEY 251 CYCLICAL BEHAVIOR OF MONEY 252 SEASONAL VARIATIONS
IN MONEY 253 SUMMING UP 253 KEY TERMS AND CONCEPTS 254 QUESTIONS AND
PROBLEMS 254 CHAPTER 11 INFLATION, MONEY GROWTH, AND INTEREST RATES 258
CROSS-COUNTRY DATA ON INFLATION AND MONEY GROWTH 259 INFLATION AND
INTEREST RATES 263 ACTUAL AND EXPECTED INFLATION 264 REAL AND NOMINAL
INTEREST RATES 265 THE REAL INTEREST RATE AND INTERTEMPORAL SUBSTITUTION
267 ACTUAL AND EXPECTED REAL INTEREST RATES 267 MEASURING EXPECTED
INFLATION 268 U.S. EXPECTED INFLATION AND INTEREST RATES SINCE WORLD WAR
II 268 INDEXED BONDS, REAL INTEREST RATES, AND EXPECTED INFLATION RATES
270 INTEREST RATES ON MONEY 273 INFLATION IN THE EQUILIBRIUM
BUSINESS-CYCLE MODEL 273 INTERTEMPORAL-SUBSTITUTION EFFECTS 273 BONDS
AND CAPITAL 274 XVI CONTENTS INTEREST RATES AND THE DEMAND FOR MONEY 274
INFLATION AND THE REAL ECONOMY 275 MONEY GROWTH, INFLATION, AND THE
NOMINAL INTEREST RATE 277 A TREND IN THE REAL DEMAND FOR MONEY 279 A
SHIFT IN THE MONEY GROWTH RATE 281 GOVERNMENT REVENUE FROM PRINTING
MONEY 283 BY THE NUMBERS: MONEY AND PRICES DURING THE GERMAN
HYPERINFLATION 285 SUMMING UP 286 KEY TERMS AND CONCEPTS ,287 QUESTIONS
AND PROBLEMS 287 PART 5 THE GOVERNMENT SECTOR 291 CHAPTER 12 GOVERNMENT
EXPENDITURE 292 DATA ON GOVERNMENT EXPENDITURE 292 THE GOVERNMENT S
BUDGET CONSTRAINT 295 PUBLIC PRODUCTION 298 PUBLIC SERVICES 299 THE
HOUSEHOLD S BUDGET CONSTRAINT 299 PERMANENT CHANGES IN GOVERNMENT
PURCHASES 301 A PERMANENT CHANGE IN GOVERNMENT PURCHASES: THEORY 301
EXTENDING THE MODEL: USEFUL PUBLIC SERVICES 305 THE CYCLICAL BEHAVIOR OF
GOVERNMENT PURCHASES 306 TEMPORARY CHANGES IN GOVERNMENT PURCHASES 306 A
TEMPORARY CHANGE IN GOVERNMENT PURCHASES: THEORY 306 GOVERNMENT
PURCHASES AND REAL GDP DURING WARTIME: EMPIRICAL 308 EXTENDING THE
MODEBEFFECTS ON THE TERM STRUCTURE OF INTEREST RATES 309 WARTIME EFFECTS
ON THE ECONOMY 311 EMPLOYMENT DURING WARTIME 311 EFFECTS OF WAR ON LABOR
SUPPLY 311 EFFECTS OF WAR ON THE REAL WAGE RATE 313 EFFECTS OF WAR ON
THE RENTAL MARKET 314 SUMMING UP 315 KEY TERMS AND CONCEPTS 316
QUESTIONS AND PROBLEMS 316 CHAPTER 13 TAXES 318 TAXES IN THE UNITED
STATES 318 TYPES OF TAXES 321 TAXES IN THE MODEL 325 A TAX ON LABOR
INCOME 326 A TAX ON ASSET INCOME 330 EXTENDING THE MODEL: A CONSUMPTION
TAX 331 AN INCREASE IN GOVERNMENT PURCHASES FINANCED BY A LABOR INCOME
TAX 334 BACK TO REALITY: THE LAFFER CURVE 335 T TRANSFER PAYMENTS 337
SUMMING UP 337 KEY TERMS AND CONCEPTS 338 QUESTIONS AND PROBLEMS 338
CHAPTER 14 PUBLIC DEBT 341 THE HISTORY OF U.S. AND U.K. PUBLIC DEBT 341
CHARACTERISTICS OF GOVERNMENT BONDS 344 CONTENTS XVII BUDGET CONSTRAINTS
AND BUDGET DEFICITS 345 THE GOVERNMENT S BUDGET CONSTRAINT 345 THE
BUDGET DEFICIT 346 PUBLIC SAVING, PRIVATE SAVING, AND NATIONAL SAVING
348 PUBLIC DEBT AND HOUSEHOLDS BUDGET CONSTRAINTS 349 A SIMPLE CASE
OFRICARDIAN EQUIVALENCE 349 ANOTHER CASE OFRICARDIAN EQUIVALENCE 352
RICARDIAN EQUIVALENCE MORE GENERALLY 353 ECONOMIC EFFECTS OF A BUDGET
DEFICIT 354 LUMP-SUM TAXES 354 LABOR INCOME TAXES 355 ASSET INCOME TAXES
356 THE TIMING OF TAXES AND TAX-RATE SMOOTHING 357 STRATEGIC BUDGET
DEFICITS 358 BACK TO REALITY: UNPLEASANT MONETARIST ARITHMETIC 359 THE
STANDARD VIEW OF A BUDGET DEFICIT 360 FINITE LIFETIMES 361 IMPERFECT
CREDIT MARKETS 362 SOCIAL SECURITY 363 BY THE NUMBERS: EMPIRICAL
EVIDENCE ON THE MACROECONOMIC EFFECTS OF BUDGET DEFICITS 364 OPEN-MARKET
OPERATIONS 366 SUMMING UP 367 KEY TERMS AND CONCEPTS 367 QUESTIONS AND
PROBLEMS 368 PART 6 MONEY AND BUSINESS CYCLES 369 CHAPTER 15 MONEY AND
BUSINESS CYCLES I: THE PRICE-MISPERCEPTIONS MODEL 370 EFFECTS OF MONEY
IN THE EQUILIBRIUM BUSINESS-CYCLE MODEL 370 THE PRICE-MISPERCEPTIONS
MODEL 371 A MODEL WITH NON-NEUTRAL EFFECTS OF MONEY 371 MONEY IS NEUTRAL
IN THE LONG RUN 375 OTTLY UNPERCEIVED INFLATION AFFECTS REAL VARIABLES
375 PREDICTIONS FOR ECONOMIC FLUCTUATIONS 377 EMPIRICAL EVIDENCE ON THE
REAL EFFECTS OF MONETARY SHOCKS 379 FRIEDMAN AND SCHWARTZ S MONETARY
HISTORY 379 UNANTICIPATED MONEY GROWTH 379 ROMER AND ROMER ON FEDERAL
RESERVE POLICY 380 A BRIEF OVERVIEW 380 REAL SHOCKS 380 BACK TO REALITY:
INCOMPLETE INFORMATION ABOUT PRICES: IS IT SIGNIFICANT? 381 RULES VERSUS
DISCRETION 383 SUMMING UP 387 KEY TERMS AND CONCEPTS 388 QUESTIONS AND
PROBLEMS 388 CHAPTER 16 MONEY AND BUSINESS CYCLES II: STICKY PRICES AND
NOMINAL WAGE RATES 390 THE NEW KEYNESIAN MODEL 390 PRICE SETTING UNDER
IMPERFECT COMPETITION 391 SHORT-RUN RESPONSES TO A MONETARY SHOCK 394
NEIV KEYNESIAN PREDICTIONS 395 PRICE ADJUSTMENT IN THE LONG RUN 397 BY
THE NUMBERS: EVIDENCE ON THE STICKINESS OF PRICES 398 XVIII CONTENTS
COMPARING PREDICTIONS FOR ECONOMIC FLUCTUATIONS 399 SHOCKS TO AGGREGATE
DEMAND 400 MONEY AND NOMINAL INTEREST RATES 401 THE KEYNESIAN
MODEL*STICKY NOMINAL WAGE RATES 404 BACK TO REALITY: KEYNES, FRIEDMAN,
AND THE GREAT DEPRESSION 405 BACK TO REALITY: THE REAL WAGE RATE DURING
THE NEW DEAL 408 LONG-TERM CONTRACTS AND STICKY NOMINAL WAGE RATES 408
BY THE NUMBERS: EMPIRICAL EVIDENCE ON THE CONTRACTING APPROACH 410
SUMMING UP 411 KEY TERMS AND CONCEPTS 412 QUESTIONS AND PROBLEMS 412
PART 7 INTERNATIONAL MACROECONOMICS 415 CHAPTER 17 WORLD MARKETS IN
GOODS AND CREDIT 416 THE BALANCE OF INTERNATIONAL PAYMENTS 418 HISTORY
OF THE U.S. CURRENT-ACCOUNT BALANCE 420 DETERMINANTS OF THE
CURRENT-ACCOUNT BALANCE 423 ECONOMIC FLUCTUATIONS 428 HARVEST FAILURES,
GOVERNMENT PURCHASES, DEVELOPING COUNTRIES 430 EXAMPLES OF INTERNATIONAL
BORROWING AND LENDING 431 THE CURRENT-ACCOUNT DEFICIT AND THE BUDGET
DEFICIT 432 BACK TO REALITY: WHY WAS THE U.S. CURRENT-ACCOUNT DEFICIT SO
LARGE IN 2000-06? 433 THE TERMS OF TRADE 434 THE TERMS OF TRADE AND THE
CURRENT-ACCOUNT BALANCE 434 THE TERMS OF TRADE AND INVESTMENT 435
EMPIRICAL EVIDENCE FROM OIL PRODUCERS 436 THE VOLUME OF INTERNATIONAL
TRADE 438 SUMMING UP 439 KEY TERMS AND CONCEPTS 440 QUESTIONS AND
PROBLEMS 440 CHAPTER 18 EXCHANGE RATES 441 DIFFERENT CURRENCIES AND
EXCHANGE RATES 441 BY THE NUMBERS: EXCHANGE RATES AROUND THE WORLD 442
PURCHASING-POWER PARITY 444 THE PPP CONDITION AND THE REAL EXCHANGE RATE
445 THE RELATIVE PPP CONDITION 449 INTEREST-RATE PARITY 452 FIXED
EXCHANGE RATES 455 PURCHASING POWER PARITY UNDER FIXED EXCHANGE RATES
456 THE NOMINAL QUANTITY OF MONEY UNDER FIXED EXCHANGE RATES 457
DEVALUATION AND REVALUATION 459 BACK TO REALITY: THE ASIAN FINANCIAL
CRISIS 461 FLEXIBLE EXCHANGE RATES 461 FIXED AND FLEXIBLE EXCHANGE
RATES: A COMPARISON 462 SUMMING UP 464 KEY TERMS AND CONCEPTS 465
QUESTIONS AND PROBLEMS 465 BIBLIOGRAPHY 467 GLOSSARY 474 INDEX 483
|
adam_txt |
PREFACE V AUTHOR XIX PART 1 INTRODUCTION 1 CHAPTER 1 THINKING ABOUT
MACROECONOMICS 2 OUTPUT, UNEMPLOYMENT, AND PRICES IN U.S. HISTORY 3
ECONOMIC MODELS 8 A SIMPLE EXAMPLE*THE COFFEE MARKET 9 EXTENDING THE
MODEL: DEMAND AND SUPPLY CURVES ARE FUNCTIONS 10 FLEXIBLE VERSUS STICKY
PRICES 14 KEY TERMS AND CONCEPTS 15 CHAPTER 2 NATIONAL-INCOME
ACCOUNTING: GROSS DOMESTIC PRODUCT AND THE PRICE LEVEL 16 NOMINAL AND
REAL GDP 16 CALCULATING REAL GDP 18 REAL GDP AS A MEASURE OF WELFARE 20
ALTERNATIVE VIEWS OF GDP*EXPENDITURE, INCOME, AND PRODUCTION 20
MEASURING GDP BY EXPENDITURE 21 MEASURING GDP BY INCOME 24 MEASURING GDP
BY PRODUCTION 27 SEASONAL ADJUSTMENT 27 BY THE NUMBERS: GROSS STATE
PRODUCT FOR U.S. STATES 29 PRICES 30 BACK TO REALITY: PROBLEMS WITH THE
CONSUMER PRICE INDEX -31 KEY TERMS AND CONCEPTS 32 QUESTIONS AND
PROBLEMS 33 PART 2 ' ECONOMIC GROWTH 35 CHAPTER 3 INTRODUCTION TO
ECONOMIC GROWTH 36 FACTS ABOUT ECONOMIC GROWTH 38 ECONOMIC GROWTH AROUND
THE WORLD, 1960 TO 2000 38 WORLD POVERTY AND INCOME INEQUALITY 42
LONG-TERM GROWTH IN THE UNITED STATES AND OTHER RICH COUNTRIES 44
PATTERNS OF WORLD ECONOMIC GROWTH 46 THEORY OF ECONOMIC GROWTH 46 THE
PRODUCTION FUNCTION 46 GROWTH ACCOUNTING 49 THE SOLOW GROWTH MODEL 52
BACK TO REALITY: INTELLECTUAL ORIGIN OF THE SOLOW GROWTH MODEL 53 THE
GROWTH RATE OF THE CAPITAL STOCK 54 THE GROWTH RATE OF LABOR 55 THE
GROWTH RATE OF CAPITAL AND REAL GDP PER WORKER 56 THE TRANSITION AND THE
STEADY STATE 57 XI XII CONTENTS DO THE MATH 61 SUMMING UP 62 KEY TERMS
AND CONCEPTS 62 QUESTIONS AND PROBLEMS 62 APPENDIX 64 PART A: THE
GROWTH-ACCOUNTING EQUATION 64 PART B: THE SOLOW RESIDUAL 66 PART C:
THE'COBB-DOUGLAS PRODUCTION FUNCTION 66 CHAPTER 4 WORKING WITH THE SOLOW
GROWTH MODEL 68 - A CHANGE IN THE SAVING RATE 69 DO THE MATH 70 A CHANGE
IN THE TECHNOLOGY LEVEL 70 EXTENDING THE MODEL: CONSUMPTION IN THE SOLOW
MODEL 71 DO THE MATH 73 CHANGES IN LABOR INPUT AND THE POPULATION GROWTH
RATE 73 A CHANGE IN LABOR INPUT 73 DO THE MATH 75 A CHANGE IN THE
POPULATION GROWTH RATE 76 DO THE MATH 77 CONVERGENCE 78 CONVERGENCE IN
THE SOLOW MODEL 78 EXTENDING THE MODEL: ENDOGENOUS POPULATION GROWTH 79
FACTS ABOUT CONVERGENCE 82 CONDITIONAL CONVERGENCE IN THE SOLOW MODEL 83
WHERE DO WE STAND WITH THE SOLOW MODEL? 89 KEY TERMS AND CONCEPTS 89
QUESTIONS AND PROBLEMS 90 APPENDIX 91 THE RATE OF CONVERGENCE 91 CHAPTER
5 CONDITIONAL CONVERGENCE AND LONG-RUN ECONOMIC GROWTH 95 CONDITIONAL
CONVERGENCE IN PRACTICE 95 RECENT RESEARCH ON THE DETERMINANTS OF
ECONOMIC GROWTH 96 EXAMPLES OF CONDITIONAL CONVERGENCE 98 BACK TO
REALITY: A ROCK STAR'S PERSPECTIVE ON DEBT RELIEF AND FOREIGN AID 99
LONG-RUN ECONOMIC GROWTH 100 MODELS WITH CONSTANT AVERAGE PRODUCT OF
CAPITAL 101 EXOGENOUS TECHNOLOGICAL PROGRESS 103 THE STEADY-STATE GROWTH
RATE 104 STEADY-STATE SAVING 106 THE TRANSITION PATH AND CONVERGENCE 107
ENDOGENOUS GROWTH THEORY 108 BACK TO REALITY: THE STORY OF NAPSTER AND
VIAGRA 112 THE DIFFUSION OF TECHNOLOGY 114 * BACK TO REALITY: HYBRID
CORN: A CASE OF TECHNOLOGICAL DIFFUSION 115 WHAT DO WE KNOW ABOUT
ECONOMIC GROWTH? 116 KEY TERMS AND CONCEPTS 116 QUESTIONS AND PROBLEMS
117 APPENDIX 117 THE STEADY-STATE PATH IN THE SOLOW MODEL WITH EXOGENOUS
TECHNOLOGICAL PROGRESS 117 CONTENTS XIII PART 3 ECONOMIC FLUCTUATIONS
121 CHAPTER 6 MARKETS, PRICES, SUPPLY, AND DEMAND 122 MARKETS IN THE
MACROECONOMY 124 THE GOODS MARKET 124 THE LABOR MARKET 124 THE RENTAL
MARKET 125 THE BOND MARKET 126 MONEY AS A MEDIUM OF EXCHANGE 126 BACK TO
REALITY: COMMON CURRENCY 127 MARKETS AND PRICES 127 THE GOODS MARKET 127
THE LABOR MARKET 128 THE RENTAL MARKET 129 THE BOND MARKET 129
CONSTRUCTING THE BUDGET CONSTRAINT 131 INCOME 131 PROFIT 131 WAGE INCOME
131 RENTAL INCOME 131 INTEREST INCOME 132 TOTAL INCOME 132 CONSUMPTION
133 ASSETS 133 HOUSEHOLD BUDGET CONSTRAINT 134 EXTENDING THE MODEL:
ALLOWING FOR A RISK PREMIUM ON OWNERSHIP OF CAPITAL 135 CLEARING OF THE
MARKETS FOR LABOR AND CAPITAL SERVICES 137 PROFIT MAXIMIZATION 137 THE
LABOR MARKET 138 DEMAND FOR LABOR 138 SUPPLY OF LABOR 140 CLEARING OF
THE LABOR MARKET 140 THE MARKET FOR CAPITAL SERVICES 141 DEMAND FOR
CAPITAL SERVICES 141 SUPPLY OF CAPITAL SERVICES 143 CLEARING OF THE
MARKET FOR CAPITAL SERVICES 143 THE INTEREST RATE 144 PROFIT IN
EQUILIBRIUM 144 BACK TO REALITY: ECONOMIC PROFIT VERSUS ACCOUNTING
PROFIT 145 SUMMING UP 146 KEY TERMS AND CONCEPTS 146 QUESTIONS AND
PROBLEMS 147 APPENDIX 148 OUTPUT EQUALS REAL FACTOR INCOMES AND PROFIT
EQUALS ZERO 148 CHAPTER 7 CONSUMPTION, SAVING, AND INVESTMENT 150
CONSUMPTION AND SAVING 150 CONSUMPTION OVER TWO YEARS 152 PRESENT VALUE
157 CHOOSING CONSUMPTION: INCOME EFFECTS 157 CHOOSING CONSUMPTION: THE
INTERTEMPORAL-SUBSTITUTION EFFECT 158 BY THE NUMBERS: EMPIRICAL EVIDENCE
ON INTERTEMPORAL SUBSTITUTION OF CONSUMPTION 160 XIV CONTENTS THE INCOME
EFFECT FROM A CHANGE IN THE INTEREST RATE 160 COMBINING INCOME AND
SUBSTITUTION EFFECTS 161 CONSUMPTION OVER MANY YEARS 161 BY THE NUMBERS:
EMPIRICAL EVIDENCE ON THE PROPENSITY TO CONSUME 165 CONSUMPTION, SAVING,
AND INVESTMENT IN EQUILIBRIUM 165 BY THE NUMBERS: THE RESPONSE OF
CONSUMPTION TO ANTICIPATED INCOME CHANGES 166 SUMMING UP 168 KEY TERMS
AND CONCEPTS "168 QUESTIONS AND PROBLEMS 169 APPENDIX 170 THE MULTTYEAR
BUDGET CONSTRAINT AND THE PLANNING HORIZON 170 CHAPTER 8 AN EQUILIBRIUM
BUSINESS-CYCLE MODEL 173 CYCLICAL BEHAVIOR OF REAL GDP*RECESSIONS AND
BOOMS 173 BY THE NUMBERS: RECESSIONS IN LONG-TERM U.S. HISTORY 177 AN
EQUILIBRIUM BUSINESS-CYCLE MODEL 177 CONCEPTUAL ISSUES 177 THE MODEL 179
THE MARGINAL PRODUCT OF LABOR AND THE REAL WAGE RATE 180 MARGINAL
PRODUCT OF CAPITAL, REAL RENTAL PRICE, AND THE INTEREST RATE 182
CONSUMPTION, SAVING, AND INVESTMENT* 184 MATCHING THE THEORY WITH THE
FACTS 185 CONSUMPTION AND INVESTMENT 185 THE REAL WAGE RATE 188 THE REAL
RENTAL PRICE 189 THE INTEREST RATE. 190 TEMPORARY CHANGES IN THE
TECHNOLOGY LEVEL 190 VARIATIONS IN LABOR INPUT 191 LABOR SUPPLY 191 THE
SUBSTITUTION EFFECT FOR LEISURE AND CONSUMPTION 192 INCOME EFFECTS ON
LABOR SUPPLY 192 INTERTEMPORAL-SUBSTITUTION EFFECTS ON LABOR SUPPLY 193
BY THE NUMBERS: EMPIRICAL EVIDENCE ON INTERTEMPORAL SUBSTITUTION OF
LABOR SUPPLY 194 FLUCTUATIONS IN LABOR INPUT 195 THE CYCLICAL BEHAVIOR
OF LABOR INPUT: EMPIRICAL 195 THE CYCLICAL BEHAVIOR OF LABOR INPUT:
THEORY 197 * THE CYCLICAL BEHAVIOR OF LABOR PRODUCTIVITY 198 SUMMING UP
198 KEY TERMS AND CONCEPTS 198 QUESTIONS AND PROBLEMS 199 CHAPTER 9
CAPITAL UTILIZATION AND UNEMPLOYMENT 201 CAPITAL INPUT 201 THE DEMAND
FOR CAPITAL SERVICES 202 THE SUPPLY OF CAPITAL SERVICES 203 BACK TO
REALITY: MULTIPLE SHIFTS AND OVERTIME HOURS 206 MARKET CLEARING AND
CAPITAL UTILIZATION 207 THE CYCLICAL BEHAVIOR OF CAPACITY UTILIZATION
209 THE LABOR FORCE, EMPLOYMENT, AND UNEMPLOYMENT 210 BASIC CONCEPTS AND
EMPIRICAL PATTERNS 210 A MODEL OF JOB FINDING 215 SEARCH BY FIRMS 218
CONTENTS XV JOB SEPARATIONS 218 JOB SEPARATIONS, JOB FINDING, AND THE
NATURAL UNEMPLOYMENT RATE 219 ECONOMIC FLUCTUATIONS, EMPLOYMENT, AND
UNEMPLOYMENT 224 VACANCIES 225 BACK TO REALITY: SEASONAL FLUCTUATIONS
228 SUMMING UP 228 KEY TERRAS AND CONCEPTS 229 QUESTIONS AND PROBLEMS
229 PART 4 MONEY AND PRICES 231 CHAPTER 10 THE DEMAND FOR MONEY AND THE
PRICE LEVEL 232 CONCEPTS OF MONEY 232 BACK TO REALITY: MONEY IN A
PRISONER-OF-WAR CAMP 233 BACK TO REALITY: WHERE IS ALL THE CURRENCY? 234
THE DEMAND FOR MONEY 237 THE INTEREST RATE AND THE DEMAND FOR MONEY 238
THE PRICE LEVEL AND THE DEMAND FOR MONEY 238 REAL GDP AND THE DEMAND FOR
MONEY 238 OTHER INFLUENCES ON THE DEMAND FOR MONEY 239 THE MONEY-DEMAND
FUNCTION 239 BACK TO REALITY: THE PAYMENTS PERIOD AND THE DEMAND FOR
MONEY 240 EMPIRICAL EVIDENCE ON THE DEMAND FOR MONEY 240 DETERMINATION
OF THE PRICE LEVEL 241 THE NOMINAL QUANTITY OF MONEY SUPPLIED EQUALS THE
NOMINAL QUANTITY DEMANDED 241 A CHANGE IN THE NOMINAL QUANTITY OF MONEY
244 THE NEUTRALITY OF MONEY 246 A CHANGE IN THE DEMAND FOR MONEY 246 THE
CYCLICAL BEHAVIOR OF THE PRICE LEVEL 247 BACK TO REALITY: THE QUANTITY
THEORY OF MONEY 248 PRICE-LEVEL TARGETING AND ENDOGENOUS MONEY 250 TREND
GROWTH OF MONEY 251 CYCLICAL BEHAVIOR OF MONEY 252 SEASONAL VARIATIONS
IN MONEY 253 SUMMING UP 253 KEY TERMS AND CONCEPTS 254 QUESTIONS AND
PROBLEMS 254 CHAPTER 11 INFLATION, MONEY GROWTH, AND INTEREST RATES 258
CROSS-COUNTRY DATA ON INFLATION AND MONEY GROWTH 259 INFLATION AND
INTEREST RATES 263 ACTUAL AND EXPECTED INFLATION 264 REAL AND NOMINAL
INTEREST RATES 265 THE REAL INTEREST RATE AND INTERTEMPORAL SUBSTITUTION
267 ACTUAL AND EXPECTED REAL INTEREST RATES 267 MEASURING EXPECTED
INFLATION 268 U.S. EXPECTED INFLATION AND INTEREST RATES SINCE WORLD WAR
II 268 INDEXED BONDS, REAL INTEREST RATES, AND EXPECTED INFLATION RATES
270 INTEREST RATES ON MONEY 273 INFLATION IN THE EQUILIBRIUM
BUSINESS-CYCLE MODEL 273 INTERTEMPORAL-SUBSTITUTION EFFECTS 273 BONDS
AND CAPITAL 274 XVI CONTENTS INTEREST RATES AND THE DEMAND FOR MONEY 274
INFLATION AND THE REAL ECONOMY 275 MONEY GROWTH, INFLATION, AND THE
NOMINAL INTEREST RATE 277 A TREND IN THE REAL DEMAND FOR MONEY 279 A
SHIFT IN THE MONEY GROWTH RATE 281 GOVERNMENT REVENUE FROM PRINTING
MONEY 283 BY THE NUMBERS: MONEY AND PRICES DURING THE GERMAN
HYPERINFLATION 285 SUMMING UP 286 KEY TERMS AND CONCEPTS ,287 QUESTIONS
AND PROBLEMS 287 PART 5 THE GOVERNMENT SECTOR 291 CHAPTER 12 GOVERNMENT
EXPENDITURE 292 DATA ON GOVERNMENT EXPENDITURE 292 THE GOVERNMENT'S
BUDGET CONSTRAINT 295 PUBLIC PRODUCTION 298 PUBLIC SERVICES 299 THE
HOUSEHOLD'S BUDGET CONSTRAINT 299 PERMANENT CHANGES IN GOVERNMENT
PURCHASES 301 A PERMANENT CHANGE IN GOVERNMENT PURCHASES: THEORY 301
EXTENDING THE MODEL: USEFUL PUBLIC SERVICES 305 THE CYCLICAL BEHAVIOR OF
GOVERNMENT PURCHASES 306 TEMPORARY CHANGES IN GOVERNMENT PURCHASES 306 A
TEMPORARY CHANGE IN GOVERNMENT PURCHASES: THEORY 306 GOVERNMENT
PURCHASES AND REAL GDP DURING WARTIME: EMPIRICAL 308 EXTENDING THE
MODEBEFFECTS ON THE TERM STRUCTURE OF INTEREST RATES 309 WARTIME EFFECTS
ON THE ECONOMY 311 EMPLOYMENT DURING WARTIME 311 EFFECTS OF WAR ON LABOR
SUPPLY 311 EFFECTS OF WAR ON THE REAL WAGE RATE 313 EFFECTS OF WAR ON
THE RENTAL MARKET 314 SUMMING UP 315 KEY TERMS AND CONCEPTS 316
QUESTIONS AND PROBLEMS 316 CHAPTER 13 TAXES 318 TAXES IN THE UNITED
STATES 318 TYPES OF TAXES 321 TAXES IN THE MODEL 325 A TAX ON LABOR
INCOME 326 A TAX ON ASSET INCOME 330 EXTENDING THE MODEL: A CONSUMPTION
TAX 331 AN INCREASE IN GOVERNMENT PURCHASES FINANCED BY A LABOR INCOME
TAX 334 BACK TO REALITY: THE LAFFER CURVE 335 T TRANSFER PAYMENTS 337
SUMMING UP 337 KEY TERMS AND CONCEPTS 338 QUESTIONS AND PROBLEMS 338
CHAPTER 14 PUBLIC DEBT 341 THE HISTORY OF U.S. AND U.K. PUBLIC DEBT 341
CHARACTERISTICS OF GOVERNMENT BONDS 344 CONTENTS XVII BUDGET CONSTRAINTS
AND BUDGET DEFICITS 345 THE GOVERNMENT'S BUDGET CONSTRAINT 345 THE
BUDGET DEFICIT 346 PUBLIC SAVING, PRIVATE SAVING, AND NATIONAL SAVING
348 PUBLIC DEBT AND HOUSEHOLDS' BUDGET CONSTRAINTS 349 A SIMPLE CASE
OFRICARDIAN EQUIVALENCE 349 ANOTHER CASE OFRICARDIAN EQUIVALENCE 352
RICARDIAN EQUIVALENCE MORE GENERALLY 353 ECONOMIC EFFECTS OF A BUDGET
DEFICIT 354 LUMP-SUM TAXES 354 LABOR INCOME TAXES 355 ASSET INCOME TAXES
356 THE TIMING OF TAXES AND TAX-RATE SMOOTHING 357 STRATEGIC BUDGET
DEFICITS 358 BACK TO REALITY: "UNPLEASANT MONETARIST ARITHMETIC" 359 THE
STANDARD VIEW OF A BUDGET DEFICIT 360 FINITE LIFETIMES 361 IMPERFECT
CREDIT MARKETS 362 SOCIAL SECURITY 363 BY THE NUMBERS: EMPIRICAL
EVIDENCE ON THE MACROECONOMIC EFFECTS OF BUDGET DEFICITS 364 OPEN-MARKET
OPERATIONS 366 SUMMING UP 367 KEY TERMS AND CONCEPTS 367 QUESTIONS AND
PROBLEMS 368 PART 6 MONEY AND BUSINESS CYCLES 369 CHAPTER 15 MONEY AND
BUSINESS CYCLES I: THE PRICE-MISPERCEPTIONS MODEL 370 EFFECTS OF MONEY
IN THE EQUILIBRIUM BUSINESS-CYCLE MODEL 370 THE PRICE-MISPERCEPTIONS
MODEL 371 A MODEL WITH NON-NEUTRAL EFFECTS OF MONEY 371 MONEY IS NEUTRAL
IN THE LONG RUN 375 OTTLY UNPERCEIVED INFLATION AFFECTS REAL VARIABLES
375 PREDICTIONS FOR ECONOMIC FLUCTUATIONS 377 EMPIRICAL EVIDENCE ON THE
REAL EFFECTS OF MONETARY SHOCKS 379 FRIEDMAN AND SCHWARTZ'S MONETARY
HISTORY 379 UNANTICIPATED MONEY GROWTH 379 ROMER AND ROMER ON FEDERAL
RESERVE POLICY 380 A BRIEF OVERVIEW 380 REAL SHOCKS 380 BACK TO REALITY:
INCOMPLETE INFORMATION ABOUT PRICES: IS IT SIGNIFICANT? 381 RULES VERSUS
DISCRETION 383 SUMMING UP 387 KEY TERMS AND CONCEPTS 388 QUESTIONS AND
PROBLEMS 388 CHAPTER 16 MONEY AND BUSINESS CYCLES II: STICKY PRICES AND
NOMINAL WAGE RATES 390 THE NEW KEYNESIAN MODEL 390 PRICE SETTING UNDER
IMPERFECT COMPETITION 391 SHORT-RUN RESPONSES TO A MONETARY SHOCK 394
NEIV KEYNESIAN PREDICTIONS 395 PRICE ADJUSTMENT IN THE LONG RUN 397 BY
THE NUMBERS: EVIDENCE ON THE STICKINESS OF PRICES 398 XVIII CONTENTS
COMPARING PREDICTIONS FOR ECONOMIC FLUCTUATIONS 399 SHOCKS TO AGGREGATE
DEMAND 400 MONEY AND NOMINAL INTEREST RATES 401 THE KEYNESIAN
MODEL*STICKY NOMINAL WAGE RATES 404 BACK TO REALITY: KEYNES, FRIEDMAN,
AND THE GREAT DEPRESSION 405 BACK TO REALITY: THE REAL WAGE RATE DURING
THE NEW DEAL 408 LONG-TERM CONTRACTS AND STICKY NOMINAL WAGE RATES 408
BY THE NUMBERS: EMPIRICAL EVIDENCE ON THE CONTRACTING APPROACH 410
SUMMING UP 411 KEY TERMS AND CONCEPTS 412 QUESTIONS AND PROBLEMS 412
PART 7 INTERNATIONAL MACROECONOMICS 415 CHAPTER 17 WORLD MARKETS IN
GOODS AND CREDIT 416 THE BALANCE OF INTERNATIONAL PAYMENTS 418 HISTORY
OF THE U.S. CURRENT-ACCOUNT BALANCE 420 DETERMINANTS OF THE
CURRENT-ACCOUNT BALANCE 423 ECONOMIC FLUCTUATIONS 428 HARVEST FAILURES,
GOVERNMENT PURCHASES, DEVELOPING COUNTRIES 430 EXAMPLES OF INTERNATIONAL
BORROWING AND LENDING 431 THE CURRENT-ACCOUNT DEFICIT AND THE BUDGET
DEFICIT 432 BACK TO REALITY: WHY WAS THE U.S. CURRENT-ACCOUNT DEFICIT SO
LARGE IN 2000-06? 433 THE TERMS OF TRADE 434 THE TERMS OF TRADE AND THE
CURRENT-ACCOUNT BALANCE 434 THE TERMS OF TRADE AND INVESTMENT 435
EMPIRICAL EVIDENCE FROM OIL PRODUCERS 436 THE VOLUME OF INTERNATIONAL
TRADE 438 SUMMING UP 439 KEY TERMS AND CONCEPTS 440 QUESTIONS AND
PROBLEMS 440 CHAPTER 18 EXCHANGE RATES 441 DIFFERENT CURRENCIES AND
EXCHANGE RATES 441 BY THE NUMBERS: EXCHANGE RATES AROUND THE WORLD 442
PURCHASING-POWER PARITY 444 THE PPP CONDITION AND THE REAL EXCHANGE RATE
445 THE RELATIVE PPP CONDITION 449 INTEREST-RATE PARITY 452 FIXED
EXCHANGE RATES 455 PURCHASING POWER PARITY UNDER FIXED EXCHANGE RATES
456 THE NOMINAL QUANTITY OF MONEY UNDER FIXED EXCHANGE RATES 457
DEVALUATION AND REVALUATION 459 BACK TO REALITY: THE ASIAN FINANCIAL
CRISIS 461 FLEXIBLE EXCHANGE RATES 461 FIXED AND FLEXIBLE EXCHANGE
RATES: A COMPARISON 462 SUMMING UP 464 KEY TERMS AND CONCEPTS 465
QUESTIONS AND PROBLEMS 465 BIBLIOGRAPHY 467 GLOSSARY 474 INDEX 483 |
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author | Barro, Robert J. 1944- |
author_GND | (DE-588)124548105 |
author_facet | Barro, Robert J. 1944- |
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author_sort | Barro, Robert J. 1944- |
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bvnumber | BV023076397 |
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callnumber-raw | HB172.5 |
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callnumber-sort | HB 3172.5 |
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classification_rvk | QC 300 |
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dewey-full | 339 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 339 - Macroeconomics and related topics |
dewey-raw | 339 |
dewey-search | 339 |
dewey-sort | 3339 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
edition | Internat. student ed. |
format | Book |
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illustrated | Illustrated |
index_date | 2024-07-02T19:35:16Z |
indexdate | 2024-07-09T21:10:27Z |
institution | BVB |
isbn | 9780324545678 0324545673 |
language | English |
lccn | 2006908079 |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016279487 |
oclc_num | 213361886 |
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owner_facet | DE-92 DE-703 DE-384 DE-91 DE-BY-TUM DE-M382 DE-11 DE-355 DE-BY-UBR DE-188 DE-20 |
physical | XIX, 492 S. graph. Darst. |
publishDate | 2008 |
publishDateSearch | 2008 |
publishDateSort | 2008 |
publisher | Thomson South-Western |
record_format | marc |
spelling | Barro, Robert J. 1944- Verfasser (DE-588)124548105 aut Macroeconomics a modern approach Robert J. Barro Internat. student ed. Mason, Ohio Thomson South-Western 2008 XIX, 492 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Literaturverz. S. 467 - 473 Macroeconomics Makroökonomie (DE-588)4037174-8 gnd rswk-swf Makroökonomie (DE-588)4037174-8 s DE-604 SWBplus Fremddatenuebernahme application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016279487&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Barro, Robert J. 1944- Macroeconomics a modern approach Macroeconomics Makroökonomie (DE-588)4037174-8 gnd |
subject_GND | (DE-588)4037174-8 |
title | Macroeconomics a modern approach |
title_auth | Macroeconomics a modern approach |
title_exact_search | Macroeconomics a modern approach |
title_exact_search_txtP | Macroeconomics a modern approach |
title_full | Macroeconomics a modern approach Robert J. Barro |
title_fullStr | Macroeconomics a modern approach Robert J. Barro |
title_full_unstemmed | Macroeconomics a modern approach Robert J. Barro |
title_short | Macroeconomics |
title_sort | macroeconomics a modern approach |
title_sub | a modern approach |
topic | Macroeconomics Makroökonomie (DE-588)4037174-8 gnd |
topic_facet | Macroeconomics Makroökonomie |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016279487&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT barrorobertj macroeconomicsamodernapproach |