Open Economy Dynamics
Michael Carlberg
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Description for Open Economy Dynamics
Paperback. This monograph explores the interaction between demand and supply in a small open economy, featuring the dynamics of money wages, private capital, public debt and foreign assets. It examines the implications of both fixed and flexible exchange rates. Series: Contributions to Economics. Num Pages: 203 pages, 6 black & white tables, biography. BIC Classification: KCC; KCS. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 254 x 178 x 12. Weight in Grams: 419.
The focus is on the inter action between demand and supply in a small open economy featuring the dynamics of private capital, public debt and foreign assets. The overlapping generations model serves as a microfoundation. It proves useful to consider different scenarios. Exchange rates are either flexible or fixed. Money wages can be flexible, fixed or slow. Monetary and fiscal policy may be exogenous or endo genous. Either budget deficits are allowed, or continuous budget balance is postula ted. Wh at are the implications of various shocks? How does the chain of cause and effect look like? I had many ... Read more
The focus is on the inter action between demand and supply in a small open economy featuring the dynamics of private capital, public debt and foreign assets. The overlapping generations model serves as a microfoundation. It proves useful to consider different scenarios. Exchange rates are either flexible or fixed. Money wages can be flexible, fixed or slow. Monetary and fiscal policy may be exogenous or endo genous. Either budget deficits are allowed, or continuous budget balance is postula ted. Wh at are the implications of various shocks? How does the chain of cause and effect look like? I had many ... Read more
Product Details
Format
Paperback
Publication date
1993
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
203
Condition
New
Series
Contributions to Economics
Number of Pages
203
Place of Publication
Heidelberg, Germany
ISBN
9783790807080
SKU
V9783790807080
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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