Foundations of international macroeconomics /
Obstfeld, Maurice, 1952-
Foundations of international macroeconomics / Maurice Obstfel, Kenneth Rogoff. - Cambridge, Mass. : The MIT Press, 1996 - xxiii, 804 p. : il.
Bibliografía: p. 755-779.
1. Intertemporal trade and the current account balance -- 2. Dynamics of small open economies -- 3. The life cycle, tax policy, and the current account -- 4. The real exchange rate and the terms of trade -- 5. Uncertainty and international financial markets -- 6. Imperfections in international capital markets -- 7. Global linkages and economic growth -- 8. Money and exchange rates under flexible prices -- 9. Nominal price rigidities: empirical facts and basic open-economy models -- 10. Sticky-price models of output, the exchange rate, and the current account. Supplements to chapter 2.
Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance. With its clear and accessible style, it is suitable for first-year graduate macroeconomics courses as well as graduate courses in international macroeconomics and finance. Each chapter incorporates an extensive and eclectic array of empirical evidence. For the beginning student, these examples provide motivation and aid in understanding the practical value of the economic models developed. For advanced researchers, they highlight key insights and conundrums in the field.
Topic coverage includes intertemporal consumption and investment theory, government spending and budget deficits, finance theory and asset pricing, the implications of (and problems inherent in) international capital market integration, growth, inflation and seignorage, policy credibility, real and nominal exchange rate determination, and many interesting special topics such as speculative attacks, target exchange rate zones, and parallels between immigration and capital mobility. Most main results are derived both for the small country and world economy cases. The first seven chapters cover models of the real economy, while the final three chapters incorporate the economy's monetary side, including an innovative approach to bridging the usual chasm between real and monetary models.
0262150476
MACROECONOMIA
COMERCIO
RELACION DE INTERCAMBIO
CUENTAS CORRIENTES
ECONOMIA ABIERTA
INCERTIDUMBRE
DEFICIT PRESUPUESTARIO
POLITICA PRESUPUESTARIA
TIPO DE CAMBIO
MERCADO FINANCIERO INTERNACIONAL
CRECIMIENTO ECONOMICO
DINERO
PRECIOS FLEXIBLES
PRECIOS NOMINALES
MODELOS ECONOMICOS
ESTUDIOS DE CASOS
EJERCICIOS
CAMBIO EXTERIOR
APLICACIONES
CASOS PRACTICOS
TERMINOS DE INTERCAMBIO
PROGRESO ECONOMICO
ECONOMIA POLITICA
ANALISIS MACROECONOMICO TEORIA MACROECONOMICA
339.5
Foundations of international macroeconomics / Maurice Obstfel, Kenneth Rogoff. - Cambridge, Mass. : The MIT Press, 1996 - xxiii, 804 p. : il.
Bibliografía: p. 755-779.
1. Intertemporal trade and the current account balance -- 2. Dynamics of small open economies -- 3. The life cycle, tax policy, and the current account -- 4. The real exchange rate and the terms of trade -- 5. Uncertainty and international financial markets -- 6. Imperfections in international capital markets -- 7. Global linkages and economic growth -- 8. Money and exchange rates under flexible prices -- 9. Nominal price rigidities: empirical facts and basic open-economy models -- 10. Sticky-price models of output, the exchange rate, and the current account. Supplements to chapter 2.
Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance. With its clear and accessible style, it is suitable for first-year graduate macroeconomics courses as well as graduate courses in international macroeconomics and finance. Each chapter incorporates an extensive and eclectic array of empirical evidence. For the beginning student, these examples provide motivation and aid in understanding the practical value of the economic models developed. For advanced researchers, they highlight key insights and conundrums in the field.
Topic coverage includes intertemporal consumption and investment theory, government spending and budget deficits, finance theory and asset pricing, the implications of (and problems inherent in) international capital market integration, growth, inflation and seignorage, policy credibility, real and nominal exchange rate determination, and many interesting special topics such as speculative attacks, target exchange rate zones, and parallels between immigration and capital mobility. Most main results are derived both for the small country and world economy cases. The first seven chapters cover models of the real economy, while the final three chapters incorporate the economy's monetary side, including an innovative approach to bridging the usual chasm between real and monetary models.
0262150476
MACROECONOMIA
COMERCIO
RELACION DE INTERCAMBIO
CUENTAS CORRIENTES
ECONOMIA ABIERTA
INCERTIDUMBRE
DEFICIT PRESUPUESTARIO
POLITICA PRESUPUESTARIA
TIPO DE CAMBIO
MERCADO FINANCIERO INTERNACIONAL
CRECIMIENTO ECONOMICO
DINERO
PRECIOS FLEXIBLES
PRECIOS NOMINALES
MODELOS ECONOMICOS
ESTUDIOS DE CASOS
EJERCICIOS
CAMBIO EXTERIOR
APLICACIONES
CASOS PRACTICOS
TERMINOS DE INTERCAMBIO
PROGRESO ECONOMICO
ECONOMIA POLITICA
ANALISIS MACROECONOMICO TEORIA MACROECONOMICA
339.5