Open-Economy Macroeconomics
Author | : Helmut Frisch |
Publisher | : Springer |
Total Pages | : 437 |
Release | : 2016-07-27 |
ISBN-10 | : 9781349128846 |
ISBN-13 | : 1349128848 |
Rating | : 4/5 (46 Downloads) |
Download or read book Open-Economy Macroeconomics written by Helmut Frisch and published by Springer. This book was released on 2016-07-27 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of market economies is one of the most remarkable features of international economics, which has important implications for macroeconomic performance in open economies. Equally important is the declining relevance of the real versus the monetary theory dichotomy. These papers focus on those aspects of monetary policy which relate to credibility and non-neutrality; the domestic adjustment to foreign shocks; the interdependence of open economies and their strategic interactions. An important section is also devoted to the innovative modelling of exchange rate dynamics.