Teaching New Keynesian Open Economy Macroeconomics at the Intermediate Level - The authors present a New Keynesian model of the open economy, with a graphical treatment of the costs and benefits of fixed and flexible exchange rates as also found in the typical intermediate textbook open economy extension of the IS-LM model of Mundell-Fleming.
Year of publication: |
2009
|
---|---|
Authors: | Bofinger, Peter ; Mayer, Eric ; Wollmershäuser, Timo |
Published in: |
The journal of economic education. - Philadelphia, Pa : Routledge, ISSN 0022-0485, ZDB-ID 4105357. - Vol. 40.2009, 1, p. 80-102
|
Saved in:
Saved in favorites
Similar items by person
-
Teaching New Keynesian Open Economy Macroeconomics at the Intermediate Level
Bofinger, Peter, (2006)
-
The BMW model as a static approximation of a foreward-looking New Keynesian macroeconomic model
Bofinger, Peter, (2003)
-
The BMW model: A new framework for teaching monetary macroeconomics in closed and open economies
Bofinger, Peter, (2003)
- More ...