External Shocks in Classical and Keynesian Economies

External Shocks in Classical and Keynesian Economies PDF Author: Klaus Schmidt-Hebbel
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 64

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Book Description

External Shocks in Classical and Keynesian Economies

External Shocks in Classical and Keynesian Economies PDF Author: Klaus Schmidt-Hebbel
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 64

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Book Description


Fiscal Policy in Classical and Keynesian Open Economies

Fiscal Policy in Classical and Keynesian Open Economies PDF Author: Klaus Schmidt-Hebbel
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 52

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Book Description


Dynamic Response to Foreign Transfers and Terms-of-trade Shocks in Open Economies

Dynamic Response to Foreign Transfers and Terms-of-trade Shocks in Open Economies PDF Author: Klaus Schmidt-Hebbel
Publisher: World Bank Publications
ISBN:
Category : Comercio internacional
Languages : en
Pages : 52

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Book Description
Both permanent and transitory disturbances can change long- run capacity and output -- although they may have opposite effects on the current account. Liquidity constraints and wage rigidities tend to amplify the cyclical adjustment to external shocks.

North-South Linkages and International Macroeconomic Policy

North-South Linkages and International Macroeconomic Policy PDF Author: David Vines
Publisher: Cambridge University Press
ISBN: 9780521462341
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
Researchers have begun to apply economic techniques initially developed to analyse the industrialised countries to analyse North-South interactions in the world economy. This volume, derived from a CEPR conference, brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers use the advances in the use of the major macroeconomic models to simulate global and inter-regional interactions, and to analyse the implications for the South of macroeconomic developments in the North. They also examine international policy questions in a genuinely global context, and consider the design of policy packages for the Third World (aid versus trade, growth-oriented adjustment) in an empirical context. This volume provides a useful overview of the flourishing research area relating to interactions between North and South, and highlights areas where future research is needed.

A History of Macroeconomics from Keynes to Lucas and Beyond

A History of Macroeconomics from Keynes to Lucas and Beyond PDF Author: Michel De Vroey
Publisher: Cambridge University Press
ISBN: 0521898439
Category : Business & Economics
Languages : en
Pages : 451

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Book Description
This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.

Finance & Development, September 2014

Finance & Development, September 2014 PDF Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475566980
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.

Working Paper

Working Paper PDF Author:
Publisher:
ISBN:
Category : International economic relations
Languages : en
Pages : 602

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Book Description


Fiscal and Monetary Contraction in Chile

Fiscal and Monetary Contraction in Chile PDF Author: Klaus Schmidt-Hebbel
Publisher: World Bank Publications
ISBN:
Category : Apertura economica - Chile
Languages : en
Pages : 46

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Book Description


Brookings Papers on Economic Activity 1999

Brookings Papers on Economic Activity 1999 PDF Author: George L. Perry
Publisher: Brookings Institution Press
ISBN: 9780815705734
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues. Contents include: Articles GEORGE A. AKERLOF, ANDREW K. ROSE, JANET L. YELLEN, and HELGA HESSENIUS East Germany in from the Cold: The Economic Aftermath of Currency Union ROBERT J. BARRO and XAVIER SALA-I-MARTIN Convergence across States and Regions BARRY BOSWORTH, GARY BURTLESS, and JOHN SABELHAUS The Decline in Saving: Some Microeconomic Evidence ALLEN B. FRANKEL and JOHN D. MONTGOMERY Financial Structure: An International Perspective Report ROBERT Z. LAWRENCE Efficient or Exclusionist? The Import Behavior of Japanese Corporate Groups

Foreign Resource Inflows, Saving, and Growth

Foreign Resource Inflows, Saving, and Growth PDF Author: Maurice Obstfeld
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 72

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Book Description