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This is what we've all been waiting for - a book that demystifies the European community's monetary union. Unlike other books, this one provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. The most important case in...
Persistent link: https://www.econbiz.de/10013520823
This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German government is low unemployment in Germany. And the...
Persistent link: https://www.econbiz.de/10013520991
recent advances in the theory and modelling of international finance. It includes some discussion of the empirical testing of …
Persistent link: https://www.econbiz.de/10012397997
Preface -- 1 Introduction -- 2 The Theory of Trade Agreements and Economic Integration, Size of Economics, Trade Costs …
Persistent link: https://www.econbiz.de/10014016012
Makroökonomische Theorie und Politik von Professor Dr. Wilfried Fuhrmann an der Universität Potsdam. Seit 2011 ist er am Lehrstuhl für …
Persistent link: https://www.econbiz.de/10014019489
The book presents all major subjects in international monetary theory, foreign exchange markets, international … understanding of the theory and refines the framework. Various topics are interlinked so the book adopts a systematic treatment of … integrated materials relating different theories under various circumstances and combining theory with practice. The text …
Persistent link: https://www.econbiz.de/10014014075
Introduction -- The Model: Description of the Model; A Macroeconomic Model for a Monetary Union; Characterization of the Shocks.-The Model for a Small Monetary Union: Shock Multipliers; Graphical Analysis -- The Model for a Large Monetary Union: Shock Multipliers; Graphical Analysis --...
Persistent link: https://www.econbiz.de/10014015332
Globalization, Specialization and Innovation Dynamics.- Savings, Investment and Growth: New Approaches for Macroeconomic Modeling -- Economic Integration, Technological Progress and Growth -- Impact of the Real Exchange Rate on Trade, Structural Change and Growth -- Macroeconomic Aspects of...
Persistent link: https://www.econbiz.de/10014015399
Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. This book presents a new link between monetary analysis and growth modelling in open economies. Structural change, innovations and growth are considered from a new...
Persistent link: https://www.econbiz.de/10013520656
The development of international trade theory has created a wide array of different theories, concepts and results … disparate branches of trade theory into a single organized system of knowledge. This book provides a powerful – but easy to … operate - engine of analysis that sheds light not only on trade theory per se, but on many other dimensions that interact with …
Persistent link: https://www.econbiz.de/10013520949