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International Macroeconomics : Theory and Policy.

International Macroeconomics: Theory and Policy offers phenomenal coverage across the entire subject of international macroeconoimics in an open economy context. The book has four objectives: * to describe the evolution of and experiences with global exchange rate regimes * to introduce the reader t...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Argy, Victor
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken : Taylor and Francis, 2013.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a International Macroeconomics :  |b Theory and Policy. 
260 |a Hoboken :  |b Taylor and Francis,  |c 2013. 
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520 |a International Macroeconomics: Theory and Policy offers phenomenal coverage across the entire subject of international macroeconoimics in an open economy context. The book has four objectives: * to describe the evolution of and experiences with global exchange rate regimes * to introduce the reader to a rigorous analysis of open economy models * to apply the model framework to address key policy issues * to review individual country experiences of macro policy. 
505 0 |a INTERNATIONAL MACROECONOMICS THEORY AND POLICY; Copyright; Contents; List of figures; List of tables; Acknowledgements; General introduction; Part I Global exchange rate regimes; 1 The gold standard regime; 2 The International Monetary Fund system; 3 The float; 4 The European Monetary System; 5 The increased financial interdependence in the world economy; Part II Open economy models -- comparative statics analysis; 6 The Mundell-Fleming model; 7 The Mundell-Fleming model -- its strengths and limitations; 8 The Mundell-Fleming model with wage and price adjustment. 
505 8 |a 9 Disequilibrium models of product and labour markets10 The portfolio balance model of the monetary sector; 11 The Mundell-Fleming model with wealth; 12 The classical elasticities approach to a devaluation; 13 A two-country Mundell-Fleming type model; 14 The two-country model with flexible wages and prices; 15 Econometric evidence -- the large-country case; 16 A three-country model and the European Monetary System; 17 A two-sector model of a small economy with flexible exchange rates; Part III Open economy models -- dynamic analysis. 
505 8 |a 18 Dynamic effects of a monetary expansion under flexible rates -- the Dornbusch 1976 model19 Branson's portfolio balance model -- monetary expansion under flexible rates; 20 The dynamic adjustment to a fiscal deficit -- a simple framework; 21 An extended Mundell-Fleming model with J curves; 22 Effects of a restrictive money growth policy on the path of inflation and unemployment; Part IV New Classical themes; 23 Macro policy impotence and the New Classical paradigm; 24 The effects of anticipated monetary and fiscal policies in a small economy with flexible exchange rates. 
505 8 |a 25 The equilibrium rate of inflation with discretion and some reputation26 The Ricardian equivalence hypothesis; Part V A general framework; 27 Modelling goods and money markets; 28 Modelling production and labour markets; 29 Imposing medium- to long-run constraints on the model; 30 The effects in the short and the long run of a monetary and fiscal expansion under flexible rates in a more general framework; Part VI Models of exchange rates; 31 Modelling exchange rates (1); 32 Modelling exchange rates (2); 33 Foreign exchange market efficiency and financial integration -- concepts and evidence. 
505 8 |a Part VII Policy design34 Macro policy targets; 35 The regulatory-institutional environment, the policy regime and macro performance; 36 Choosing the exchange rate regime; 37 Rules versus discretion; 38 Assignment rules for internal and external balance; 39 Theoretical evaluation of alternative simple policy regimes; 40 Econometric evaluation of policy regimes; 41 Issues raised by nominal income targeting; 42 Global macro performance -- 1972-91; 43 The rise and fall of monetarism; 44 Unemployment performance and policy; 45 Macro policy coordination; Part VIII Case studies of macro policy. 
505 8 |a 46 A decade of Thatcherism: 1979-89 -- Thatcherism and Reaganomics compared. 
546 |a English. 
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650 7 |a Economic Theory.  |2 hilcc 
650 7 |a Business & Economics.  |2 hilcc 
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