Money, Capital Mobility, and Trade -- Contents -- Contributors -- Acknowledgments -- Nobel Prize Background Survey -- Introduction -- The International Effects of Monetary and Fiscal Policy in a Two- Country Model -- The Rise and Fall of a Barbarous Relic: The Role of Gold in the International...

Contents -- EXECUTIVE SUMMARY -- I. BACKGROUND -- II. RECENT ECONOMIC DEVELOPMENTS -- III. REPORT ON POLICY DISCUSSIONS -- IV. CAPACITY BUILDING AND DATA ISSUES -- V. STAFF APPRAISAL -- APPENDIX I -- APPENDIX II -- APPENDIX III -- APPENDIX IV -- APPENDIX V -- Statement by the IMF Staff...

This book concentrates on the five biggest recessions in the twentieth century. It focuses on the UK, but makes numerous comparisons to recessions in other countries. Two major recessions are identified in the interwar period; three more in the years 1973-1995. The main conclusion reached is that...

cover -- Contents -- Series Foreword -- Preface -- Introduction -- A Simple Model of Unemployment and Inflation Dynamics -- Unemployment, the Output Gap, and the Welfare Costs of Economic Fluctuations -- Unemployment and Monetary Policy Design in the New Keynesian Model -- Concluding Remarks and...