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Open Economy Macroeconomics

For this two-volume set the editor has selected the key contributions to the field of open economy macroeconomics which have been made over the past half century and more. The articles selected cover traditional open economy models, first generation intertemporal open economy models, the structure of open economy macro-models, some controversies and ...
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Open Economy Macroeconomics

2009
The balance of payments and the international investment position are designed to measure and present an economy’s external activity engaged with the rest of the world, such as flows of goods, services and capital during certain periods and the accumulated stocks of assets or liabilities at certain times.
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Open Economy Macroeconomics

2000
Professor Rødseth provides a broad survey of open economy macroeconomics within a unified framework. This upper-level textbook reviews the theories employed by ministries of finance, central banks and financial institutions which form the basis for most quantitative models of open economies.
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Macroeconomics in an Open Economy

Science, 1986
The customary treatment of national economies as closed and self-contained must be substantially modified to allow for those economies that typically trade goods, services, and securities with other countries in increasing volume. Open economy macroeconomics is essential to understanding the major events of the U.S.
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Kalecki’s Open Economy Macroeconomics

2010
In previous chapters our discussion has been confined to Kalecki’s analysis of a closed economy. The aim of this chapter is to show how he included the effects of foreign trade in his approach to effective demand. Maybe not everybody, not even Kalecki’s most unconditional admirers, would entirely subscribe to Joan Robinson’s assertion: “Keynes’s ...
Julio G. López, Michaël Assous
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Open Macroeconomics in an Open Economy

Scottish Journal of Political Economy, 1998
There are three pillars to the new Labour Government’s approach to economic policy; delivering macroeconomic stability, tackling supply‐side barriers to growth and delivering employment and economic opportunities to all. This lecture focuses on the new Government’s reforms to deliver macroeconomic stability and the importance of open and transparent ...
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Open Economy Macroeconomics

Southern Economic Journal, 1981
David Feldman, Rudiger Dornbusch
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Open Economy Macroeconomics

2018
This chapter presents the basic concepts of open economy macroeconomics. Sections 8.1 and 8.2 discuss arbitrage-pricing models for goods and services in international trade and for interest rates in the capital flow between countries. Section 8.3 introduces the Marshall-Lerner condition, which sets a condition for a positive correlation between the ...
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An Open-Economy Macroeconomic Model

1987
One of the principal trends in economics over recent years has been to place considerable emphasis on the need to examine the various interlinkages that exist between economies, and to move away from models which concentrate on the operation of closed systems.
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Open Economy Macroeconomics

2020
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior   +1 more
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