Open economy macroeconomics /:

Professor Rodseth provides a broad survey of open economy macroeconomics within a unified framework. This upper-level textbook reviews the theories employed by ministries of finance, central banks and financial institutions which form the basis for most quantitative models of open economies. It also...

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Bibliographische Detailangaben
1. Verfasser: Rødseth, Asbjørn
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York : Cambridge University Press, 2000.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:Professor Rodseth provides a broad survey of open economy macroeconomics within a unified framework. This upper-level textbook reviews the theories employed by ministries of finance, central banks and financial institutions which form the basis for most quantitative models of open economies. It also points out the limitations of these theories and gives an update on recent research. The emphasis is on how the nature of the markets for foreign exchange and for exports and imports sets the stage for government policy and determines the macroeconomic effects of external and internal shocks. Particular attention is paid to the relations between short- and long-run equilibria and the long-run consequences of national policies. Short-run wage rigidities play a key role, and models with wage bargaining are compared to more traditional formulations. Exchange rate policy and the transmission of shocks are discussed both from a national and an international perspective.
Beschreibung:1 online resource (xiii, 383 pages :)
Bibliographie:Includes bibliographical references (pages 369-379) and index.
ISBN:0511118783
9780511118784
0511016190
9780511016196
9780511754074
0511754078
1280159197
9781280159190
0511046367
9780511046360
9786610159192
661015919X
0521788749
9780521788748
1107111382
9781107111387
0511149174
9780511149177
0511323131
9780511323133

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