Produktdetaljer
ISBN13
9780521788748
Publisert
2000
Utgiver
Vendor
Cambridge University Press
Aldersnivå
06, 05, P, U
Språk
Product language
Engelsk
Format
Product format
Heftet
Sider
400
Vekt
791 gr
Høyde
246 mm
Bredde
189 mm
Tykkelse
21 mm
Forfatter
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.
Les mer
Textbook for advanced students in macro and international economics offering a broad survey of open economy macroeconomics within a unified framework. Reviews the theories that are used in government departments, central banks and financial institutions and that form the basis for most quantitative models of open economies.
Les mer
1. The foreign exchange market; 2. Portfolio choice, risk premia and capital mobility; 3. Money; 4. The monetary theory of the exchange rate; 5. The extremely open economy; 6. Home and foreign goods; 7. Traded and non-traded goods; 8. Alternative market structures, purchasing power parity and monopolistic competition; 9. International interactions; 10. Exchange rate policy.
Les mer
Advanced textbook offering a broad survey of open economy macroeconomics within a unified framework.
Nettpris:
547,-
Levering 3-20 dager
Produktdetaljer
ISBN13
9780521788748
Publisert
2000
Utgiver
Vendor
Cambridge University Press
Aldersnivå
06, 05, P, U
Språk
Product language
Engelsk
Format
Product format
Heftet
Sider
400
Vekt
791 gr
Høyde
246 mm
Bredde
189 mm
Tykkelse
21 mm
Forfatter
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