Foundations of International Macroeconomics by Maurice Obstfeld and Kenneth Rogoff. Preface. Introduction. 1 Intertemporal Trade and the Current Account. FOUNDATIONS OF INTERNATIONAL MACROECONOMICS. Maurice Obstfeld. Kenneth Rogoff. 1 Intertemporal Trade and the Current Account Balance. FOUNDATIONS OF INTERNATIONAL MACROECONOMICS. Maurice Obstfeld Kenneth Rogoff. The MIT Press Cambridge, Massachusetts London, England.
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EconPapers: Foundations of International Macroeconomics, vol 1
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. See all 5 brand new listings.
Be the first to write a review. About this product Synopsis 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.
Foundations of International Macroeconomics
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 foyndations 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 macroeconomjcs 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 internaitonal monetary models.
Reviews “This amazingly comprehensive book provides a lucid explanation of modern macroeconomic theory and applies the theory to a wide range of international issues.
For reference and classroom use, it fouhdations a new standard in open economy macroeconomics. The use of boxes and applications in an advanced graduate text such as this is unorthodox, but extremely effective.
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Foundations of International Macroeconomics, vol 1
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Foundations of International Macroeconomics by Maurice Obstfeld
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