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In Money, Payments, and Liquidity, Ed Nosal and Guillaume Rocheteau provide a comprehensive investigation into the … economics of money and payments by explicitly modeling trading frictions between agents. Adopting the search-theoretic approach … the frictions in the economy that make money and liquid assets play a useful role in trade. They discuss the implications …
Persistent link: https://www.econbiz.de/10010535233
The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic...
Persistent link: https://www.econbiz.de/10010640612
The NBER Macroeconomics Annual presents pioneering work in macroeconomics by leading academic researchers addressed to a broad audience of public policymakers as well as to the academic community. Each paper is followed by comments and discussion to give a more complete context for the views...
Persistent link: https://www.econbiz.de/10004973044
explore these fluctuations. Topics include consumption and investment; the Overlapping Generations Model; money; multiple …
Persistent link: https://www.econbiz.de/10004973211
Since the 1970s, Robert Barro's academic research has significantly influenced macroeconomic theory. For more than a decade, his writing has also enlivened the pages of publications such as the Wall Street Journal and Business Week. In Nothing Is Sacred, Barro applies his well-honed free market...
Persistent link: https://www.econbiz.de/10004973299
money to international monetary relationships. It is unique in linking theoretical findings to policy issues and events, and … extends conventional analyses of financial intermediation and monetary theory. Money, Information, and Uncertainty bridges the … relating to money and banking, making it easier for banking specialists who don't follow the financial literature to understand …
Persistent link: https://www.econbiz.de/10004973055
with a previously unpublished paper by the author and a new foreword by Edward Glaeser Fischer Black was known for his brilliance as well as for his sometimes controversial opinions. Highly respected for his scholarly writings in finance, with this book he moved into different territory,...
Persistent link: https://www.econbiz.de/10008632719
Macroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as free-market fundamentalists who admit no doubt as to the marketÕs wisdom. In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of...
Persistent link: https://www.econbiz.de/10010905535
The NBER Macroeconomics Annual presents pioneering work in macroeconomics by leading academic researchers to an audience of public policymakers and the academic community. Each commissioned paper is followed by comments and discussion. This year's edition provides a mix of cutting-edge research...
Persistent link: https://www.econbiz.de/10005233377
The Indirect Side of Direct Investment Multinational Company Finance and Taxation Jack M. Mintz and Alfons J. Weichenrieder The recent increase in cross-border flows of foreign direct investment has sharpened the research focus on multinational taxation. In this book, taxation experts Jack Mintz...
Persistent link: https://www.econbiz.de/10009652525