Macroeconomic Policy in an Open Economy
Author : Oscar Bajo Rubio
Publisher : Nova Science Pub Incorporated
Total Pages : 175
Release : 2003
ISBN 10 : UVA:X004742912
ISBN 13 :
Language : EN, FR, DE, ES & NL

Macroeconomic Policy in an Open Economy Book Description:

Although it is the chief tool for international policy analysis in an international context, the Mundell-Fleming model has come under some scrutiny as being obsolete and weak in microeconomics. The model is used to study monetary and fiscal policy of various exchange rate systems. New Open Economy Macroeconomics attempts to insert market imperfections and microfoundations into its framework, as an alternative to Mundell-Fleming. However, this new structure has raised its own doubts about its viability as an alternative to Mundell-Fleming. The empirical tests of New Open Macroeconomic models do not result in predictions that fit with available evidence. This testing, though, is still in its early stages and the new models continue to hold some promise. This book assembles a series of papers that take differing points of view in theoretical analyses of macroeconomic policies in open economies. These observations provide a solid framework for study, examine applications in two-country models and try and unite Mundell-Fleming with New Open Macroeconomics. With economics a constant in the forefront of the news, the studies here offer a glimpse at the cutting edge of fiscal researc


Macroeconomic Policy in an Open Economy
Language: en
Pages: 175
Authors: Oscar Bajo Rubio
Categories: Business & Economics
Type: BOOK - Published: 2003 - Publisher: Nova Science Pub Incorporated

Although it is the chief tool for international policy analysis in an international context, the Mundell-Fleming model has come under some scrutiny as being obs
Macroeconomic Policy in Open Economies
Language: en
Pages: 580
Authors: Michele Fratianni
Categories: Business & Economics
Type: BOOK - Published: 1997 - Publisher: Greenwood Publishing Group

An ideal reference for upper-level students, researchers, and policy makers concerned with the international dimension of macroeconomic policy.
Open Economy Macroeconomics
Language: en
Pages: 648
Authors: Martín Uribe
Categories: Business & Economics
Type: BOOK - Published: 2017-04-04 - Publisher: Princeton University Press

A cutting-edge graduate-level textbook on the macroeconomics of international trade Combining theoretical models and data in ways unimaginable just a few years
Open Economy Macroeconomics in Developing Countries
Language: en
Pages: 912
Authors: Carlos A. Vegh
Categories: Business & Economics
Type: BOOK - Published: 2013-08-30 - Publisher: MIT Press

A comprehensive and rigorous text that shows how a basic open economy model can be extended to answer important macroeconomic questions that arise in emerging m
Monetary and Fiscal Policies in an Open Economy
Language: en
Pages: 13
Authors: Jacob A. Frenkel
Categories: Fiscal policy
Type: BOOK - Published: 1980 - Publisher:

The central theme of this paper is that international linkages between national economies influence, in fundamentally important ways, the effectiveness and prop
Macroeconomic Policy
Language: en
Pages: 396
Authors: Martin Weale
Categories: Business & Economics
Type: BOOK - Published: 2015-10-05 - Publisher: Routledge

This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment an
The Macroeconomics of Open Economies Under Labour Mobility
Language: en
Pages: 176
Authors: George M Agiomirgianakis
Categories: Business & Economics
Type: BOOK - Published: 2019-05-29 - Publisher: Routledge

First published in 1999, this study recognises the importance of international labour mobility for modern economics. This is in large part due to its effects on
Open-Economy Macroeconomics
Language: en
Pages: 416
Authors: Helmut Frisch
Categories: Business & Economics
Type: BOOK - Published: 2016-07-27 - Publisher: Springer

The integration of market economies is one of the most remarkable features of international economics, which has important implications for macroeconomic perfor
International Finance and Open-Economy Macroeconomics
Language: en
Pages: 988
Authors: Hendrik Van den Berg
Categories: Business & Economics
Type: BOOK - Published: 2016-02-22 - Publisher: World Scientific Publishing Company

International Finance and Open-Economy Macroeconomics provides a complete theoretical, historical, and policy-focused account of the international financial sys
Open-economy Macroeconomics for Developing Countries
Language: en
Pages: 252
Authors: Mahabub Akhtar Hossain
Categories: Business & Economics
Type: BOOK - Published: 1998 - Publisher: Edward Elgar Publishing

The authors (economics, U. of Newcastle, Australia and U. of Western Sydney, Australia, respectively) argue that there is no dichotomy between short-term macroe