Study Guide to Accompany International Economics, Theory & Policy, Seventh Edition, Paul R. Krugman, Maurice Obstfeld

Study Guide to Accompany International Economics, Theory & Policy, Seventh Edition, Paul R. Krugman, Maurice Obstfeld PDF Author: Jay C. Shambaugh
Publisher: Addison Wesley Longman
ISBN:
Category : Education
Languages : en
Pages : 268

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Book Description
Krugman and Obstfeld provide a unified model of open-economy macroeconomics based upon an asset-market approach to exchange rate determination with a central role for expectations.

Study Guide to Accompany International Economics, Theory & Policy, Seventh Edition, Paul R. Krugman, Maurice Obstfeld

Study Guide to Accompany International Economics, Theory & Policy, Seventh Edition, Paul R. Krugman, Maurice Obstfeld PDF Author: Jay C. Shambaugh
Publisher: Addison Wesley Longman
ISBN:
Category : Education
Languages : en
Pages : 268

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Book Description
Krugman and Obstfeld provide a unified model of open-economy macroeconomics based upon an asset-market approach to exchange rate determination with a central role for expectations.

International Trade Theory and Policy

International Trade Theory and Policy PDF Author: Giancarlo Gandolfo
Publisher: Springer Science & Business Media
ISBN: 3642373143
Category : Business & Economics
Languages : en
Pages : 669

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Book Description
In the present text the author deals with both conventional and new approaches to trade theory and policy, treating all important research topics in international economics and clarifying their mathematical intricacies. The textbook is intended for undergraduates, graduates and researchers alike. It addresses undergraduate students with extremely clear language and illustrations, making even the most complex trade models accessible. In the appendices, graduate students and researchers will find self-contained treatments in mathematical terms. The new edition has been thoroughly revised and updated to reflect the latest research on international trade.

Forthcoming Books

Forthcoming Books PDF Author: Rose Arny
Publisher:
ISBN:
Category : American literature
Languages : en
Pages : 954

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Book Description


Instructor's Manual to Accompany International Economics

Instructor's Manual to Accompany International Economics PDF Author: Michael W. Klein
Publisher:
ISBN: 9780673494221
Category : International economic relations
Languages : en
Pages : 122

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Book Description


Emerging Market Economies and Financial Globalization

Emerging Market Economies and Financial Globalization PDF Author: Leonardo E. Stanley
Publisher: Anthem Press
ISBN: 1783086750
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of “decontrolled” financial innovations because they were enjoying from the “great moderation.” Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital flows augmented in relevance thereafter. Initially economic authorities accurately responded to the challenge, but unconventional monetary policies in the US began to create important spillovers in EMEs. Furthermore, in contrast to a previous surge in liquidity, funds were now transmitted to EMEs throughout the bond market. The perspective of an increase in US interest rates by the FED is generating a reversal of expectations and a sudden flight to quality. Emerging countries’ currencies began to experience higher volatility levels, and depreciation movements against a newly strong US dollar are also increasingly observed. Consequently, there are increasing doubts that the “unexpected” favorable outcome observed in most EMEs at the aftermath of the Global Financial Crisis (GFC) would remain.

Natural Resources, Neither Curse nor Destiny

Natural Resources, Neither Curse nor Destiny PDF Author: Daniel Lederman
Publisher: World Bank Publications
ISBN: 0821365460
Category : Nature
Languages : en
Pages : 396

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Book Description
'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.

Macroeconomic Stability and Financial Regulation

Macroeconomic Stability and Financial Regulation PDF Author: Mathias Dewatripont
Publisher:
ISBN: 9781907142222
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
The G20 meeting in London in spring 2009 was a historical moment of global cooperation to deal with the global financial crisis. This book collects essays from leading economists, first presented as an eBook in January 2009, advocating many of the policies that were eventually agreed on, including the headline-grabbing global fiscal stimulus. But it goes further, calling for: Reforms to address global imbalances by a) creating insurance mechanisms for countries that forgo reserve accumulation and stimulate domestic expansion; and b) accelerating the development of financial systems in emerging markets. Macroeconomic policy to meet any threat of deflation promptly, with a zero interest rate policy and quantitative easing, and an inflation target to avoid expectations of deflation. Adjustment of the Basel II capital requirements to mitigate procyclicality. Creation of a centralised clearing counterparty for credit default swap trades. Severing the link between credit rating agencies and issuers and monitoring the former's power. Establishment of a harmonised bankruptcy regime for banks that gives regulators strong powers over bank managers and shareholders before the bank is technically insolvent, especially in the case of cross-border banks. Creation of an International Financial Stability Fund that takes equity positions in the financial institutions of participating countries and monitors their activities. Many of these suggestions are still being debated today.

Fiscal Sustainability in Theory and Practice

Fiscal Sustainability in Theory and Practice PDF Author: Craig Burnside
Publisher: World Bank Publications
ISBN: 9780821358740
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.

The Elusive Quest for Growth

The Elusive Quest for Growth PDF Author: William R. Easterly
Publisher: MIT Press
ISBN: 0262260654
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.

Policy Analysis in National Security Affairs

Policy Analysis in National Security Affairs PDF Author: Richard L. Kugler
Publisher: Government Printing Office
ISBN: 9781579060701
Category : Political Science
Languages : en
Pages : 664

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Book Description
This book addresses how to conduct policy analysis in the field of national security, including foreign policy and defense strategy. It is a philosophical and conceptual book for helphing people think deeply, clearly, and insightfully about complex policy issues. This books reflects the viewpoint that the best policies normally come from efforts to synthesize competing camps by drawing upon the best of each of them and by combining them to forge a sensible whole. While this book is written to be reader-friendly, it aspires to in-depth scholarship.