Open Economy Macroeconomics in Developing Countries
Wysyłka: Niedostępna
Sugerowana cena detaliczna 325,50 PLN
Nasza cena: 315,41 PLN
Oszczędzasz 3%
Dodaj do Schowka
Zaloguj się
Przypomnij hasło
×
×
Oferujemy szeroki asortyment - ponad 120 tys. produktów
Dysponujemy solidną wiedzą - działamy już 11 lat
Dbamy o wybór najcenniejszych tytułów
Opis: Open Economy Macroeconomics in Developing Countries - Carlos A. Vegh

This rigorous and comprehensive textbook develops a basic small open economy model and shows how it can be extended to answer many important macroeconomic questions that arise in emerging markets and developing economies, particularly those regarding monetary, fiscal, and exchange rate issues. Eschewing the complex calibrated models on which the field of international finance increasingly relies, the book teaches the reader how to think in terms of simple models and grasp the fundamentals of open economy macroeconomics. After analyzing the standard intertemporal small open economy model, the book introduces frictions such as imperfect capital markets, intertemporal distortions, and nontradable goods, into the basic model in order to shed light on the economy's response to different shocks. The book then introduces money into the model to analyze the real effects of monetary and exchange rate policy. It then applies these theoretical tools to a variety of important macroeconomic issues relevant to developing countries (and, in a world of continuing financial crisis, to industrial countries as well), including the use of a nominal interest rate as a main policy instrument, the relative merits of flexible and predetermined exchange rate regimes, and the targeting of "real anchors." Finally, the book analyzes in detail specific topics such as inflation stabilization, "dollarization," balance of payments crises, and, inspired by recent events, financial crises. Each chapter includes boxes with relevant empirical evidence and ends with exercises. The book is suitable for use in graduate courses in development economics, international finance, and macroeconomics.


Szczegóły: Open Economy Macroeconomics in Developing Countries - Carlos A. Vegh

Tytuł: Open Economy Macroeconomics in Developing Countries
Autor: Carlos A. Vegh
Producent: MIT Press Massachusets Institute of Tech nology
ISBN: 9780262018906
Rok produkcji: 2013
Ilość stron: 528
Oprawa: Twarda


Recenzje: Open Economy Macroeconomics in Developing Countries - Carlos A. Vegh
Zaloguj się
Przypomnij hasło
×
×

Open Economy Macroeconomics in Developing Countries

This rigorous and comprehensive textbook develops a basic small open economy model and shows how it can be extended to answer many important macroeconomic questions that arise in emerging markets and developing economies, particularly those regarding monetary, fiscal, and exchange rate issues. Eschewing the complex calibrated models on which the field of international finance increasingly relies, the book teaches the reader how to think in terms of simple models and grasp the fundamentals of open economy macroeconomics. After analyzing the standard intertemporal small open economy model, the book introduces frictions such as imperfect capital markets, intertemporal distortions, and nontradable goods, into the basic model in order to shed light on the economy's response to different shocks. The book then introduces money into the model to analyze the real effects of monetary and exchange rate policy. It then applies these theoretical tools to a variety of important macroeconomic issues relevant to developing countries (and, in a world of continuing financial crisis, to industrial countries as well), including the use of a nominal interest rate as a main policy instrument, the relative merits of flexible and predetermined exchange rate regimes, and the targeting of "real anchors." Finally, the book analyzes in detail specific topics such as inflation stabilization, "dollarization," balance of payments crises, and, inspired by recent events, financial crises. Each chapter includes boxes with relevant empirical evidence and ends with exercises. The book is suitable for use in graduate courses in development economics, international finance, and macroeconomics.

Powiadom o dostępności
Podaj swój e-mail a zostaniesz poinformowany jak tylko pozycja będzie dostępna.
×
Cena 325,50 PLN
Nasza cena 315,41 PLN
Oszczędzasz 3%
Wysyłka: Niedostępna
Dodaj do Schowka
Zaloguj się
Przypomnij hasło
×
×

Szczegóły: Open Economy Macroeconomics in Developing Countries - Carlos A. Vegh

Tytuł: Open Economy Macroeconomics in Developing Countries
Autor: Carlos A. Vegh
Producent: MIT Press Massachusets Institute of Tech nology
ISBN: 9780262018906
Rok produkcji: 2013
Ilość stron: 528
Oprawa: Twarda


Recenzje: Open Economy Macroeconomics in Developing Countries - Carlos A. Vegh

Zaloguj się
Przypomnij hasło
×
×

Klienci, którzy kupili oglądany produkt kupili także:


Zaloguj się
Przypomnij hasło
×
×
Dodane do koszyka
×