The Macroeconomics of Open Economies Under Labour Mobility

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Author :
Publisher : Routledge
ISBN 13 : 042980931X
Total Pages : 176 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis The Macroeconomics of Open Economies Under Labour Mobility by : George M Agiomirgianakis

Download or read book The Macroeconomics of Open Economies Under Labour Mobility written by George M Agiomirgianakis and published by Routledge. This book was released on 2019-05-29 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this study recognises the importance of international labour mobility for modern economics. This is in large part due to its effects on the size, age structure and skills of the labour force, the human flow between countries and the expected rise in scale as a result of income differentials, demographic pressures and differential labour-force growth rates along with developments in transport and communications. These migrations are increasingly volatile and unpredictable, whilst being concentrated in regions like Australia, the USA, Sub-Saharan Africa and Western Europe. Given the extensive literature on the microeconomic view, George M. Agiomirgianakis aims to extend the debate on open economy macroeconomics through an exploration of international labour mobilities and their effects on open economies with flexible exchange rates.

The Macroeconomics of Open Economies Under Labour Mobility

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Author :
Publisher : Routledge
ISBN 13 : 0429809301
Total Pages : 212 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis The Macroeconomics of Open Economies Under Labour Mobility by : George M Agiomirgianakis

Download or read book The Macroeconomics of Open Economies Under Labour Mobility written by George M Agiomirgianakis and published by Routledge. This book was released on 2019-05-29 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this study recognises the importance of international labour mobility for modern economics. This is in large part due to its effects on the size, age structure and skills of the labour force, the human flow between countries and the expected rise in scale as a result of income differentials, demographic pressures and differential labour-force growth rates along with developments in transport and communications. These migrations are increasingly volatile and unpredictable, whilst being concentrated in regions like Australia, the USA, Sub-Saharan Africa and Western Europe. Given the extensive literature on the microeconomic view, George M. Agiomirgianakis aims to extend the debate on open economy macroeconomics through an exploration of international labour mobilities and their effects on open economies with flexible exchange rates.

Open Economy Macroeconomics

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Publisher : Princeton University Press
ISBN 13 : 0691158770
Total Pages : 646 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Open Economy Macroeconomics by : Martín Uribe

Download or read book Open Economy Macroeconomics written by Martín Uribe and published by Princeton University Press. This book was released on 2017-04-04 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cutting-edge graduate-level textbook on the macroeconomics of international trade Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced enormous growth over the past several decades. This rigorous and self-contained textbook brings graduate students, scholars, and policymakers to the research frontier and provides the tools and context necessary for new research and policy proposals. Martín Uribe and Stephanie Schmitt-Grohé factor in the discipline's latest developments, including major theoretical advances in incorporating financial and nominal frictions into microfounded dynamic models of the open economy, the availability of macro- and microdata for emerging and developed countries, and a revolution in the tools available to simulate and estimate dynamic stochastic models. The authors begin with a canonical general equilibrium model of an open economy and then build levels of complexity through the coverage of important topics such as international business-cycle analysis, financial frictions as drivers and transmitters of business cycles and global crises, sovereign default, pecuniary externalities, involuntary unemployment, optimal macroprudential policy, and the role of nominal rigidities in shaping optimal exchange-rate policy. Based on courses taught at several universities, Open Economy Macroeconomics is an essential resource for students, researchers, and practitioners. Detailed exploration of international business-cycle analysis Coverage of financial frictions as drivers and transmitters of business cycles and global crises Extensive investigation of nominal rigidities and their role in shaping optimal exchange-rate policy Other topics include fixed exchange-rate regimes, involuntary unemployment, optimal macroprudential policy, and sovereign default and debt sustainability Chapters include exercises and replication codes

Money, Capital Mobility, and Trade

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Author :
Publisher : MIT Press
ISBN 13 : 9780262532600
Total Pages : 572 pages
Book Rating : 4.5/5 (326 download)

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Book Synopsis Money, Capital Mobility, and Trade by : Guillermo A. Calvo

Download or read book Money, Capital Mobility, and Trade written by Guillermo A. Calvo and published by MIT Press. This book was released on 2004 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.

News Shocks in Open Economies

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Publisher : International Monetary Fund
ISBN 13 : 1513590766
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis News Shocks in Open Economies by : Mr.Rabah Arezki

Download or read book News Shocks in Open Economies written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2015-09-29 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about future output ? the delay between a discovery and production is on average 4 to 6 years. We first present a two-sector small open economy model in order to predict the responses of macroeconomic aggregates to news of an oil discovery. We then estimate the effects of giant oil discoveries on a large panel of countries. Our empirical estimates are consistent with the predictions of the model. After an oil discovery, the current account and saving rate decline for the first 5 years and then rise sharply during the ensuing years. Investment rises robustly soon after the news arrives, while GDP does not increase until after 5 years. Employment rates fall slightly for a sustained period of time.

The Open Economy

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Publisher : World Bank Publications
ISBN 13 : 0195207092
Total Pages : 430 pages
Book Rating : 4.1/5 (952 download)

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Book Synopsis The Open Economy by : Rudiger Dornbusch

Download or read book The Open Economy written by Rudiger Dornbusch and published by World Bank Publications. This book was released on 1988 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book is a teaching manual, in nontechnical language, on policymaking in developing countries. Written at the request of the Economic Development Institute of the World Bank, the papers focus on policy instruments, their use and constraints, and provide case studies of economic policy in Argentina, Brazil, Indonesia, Korea, and Mexico to illustrate basic problems and possible solutions.

International Macroeconomics

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Publisher : Princeton University Press
ISBN 13 : 0691170649
Total Pages : 482 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis International Macroeconomics by : Stephanie Schmitt-Grohé

Download or read book International Macroeconomics written by Stephanie Schmitt-Grohé and published by Princeton University Press. This book was released on 2022-09-06 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential introduction to one of the most timely and important subjects in economics International Macroeconomics presents a rigorous and theoretically elegant treatment of real-world international macroeconomic problems, incorporating the latest economic research while maintaining a microfounded, optimizing, and dynamic general equilibrium approach. This one-of-a-kind textbook introduces a basic model and applies it to fundamental questions in international economics, including the determinants of the current account in small and large economies, processes of adjustment to shocks, the determinants of the real exchange rate, the role of fixed and flexible exchange rates in models with nominal rigidities, and interactions between monetary and fiscal policy. The book confronts theoretical predictions using actual data, highlighting both the power and limits of given theories and encouraging critical thinking. Provides a rigorous and elegant treatment of fundamental questions in international macroeconomicsBrings undergraduate and master’s instruction in line with modern economic researchFollows a microfounded, optimizing, and dynamic general equilibrium approachAddresses fundamental questions in international economics, such as the role of capital controls in the presence of financial frictions and balance-of-payments crisesUses real-world data to test the predictions of theoretical modelsFeatures a wealth of exercises at the end of each chapter that challenge students to hone their theoretical skills and scrutinize the empirical relevance of modelsAccompanied by a website with lecture slides for every chapter

Macroeconomics in the Global Economy

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Publisher :
ISBN 13 :
Total Pages : 808 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Macroeconomics in the Global Economy by : Jeffrey Sachs

Download or read book Macroeconomics in the Global Economy written by Jeffrey Sachs and published by . This book was released on 1993 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes an open economy approach to macroeconomics, and includes macro theory at work in Russia, Poland and Bolivia.* a focus throughout the book on the global economy and the international aspects of macroeconomics recognizes that all economies in the world are linked through international markets for goods, services, and capital. Open-economy models are used throughout the book. * the ways that countries differ in their important macroeconomic institutions (such as in the patterns of wage setting) are carefully examined, and then those institutional differences are related to observed differences in macroeconomic performance. * recent advances in macroeconomic theory are covered, particularly regarding the role of expectations; the intertemporal choices of households, firms, and the government; and the modern theory of economic policy, including the problems of time consistency and international policy coordination. * boxed features examine topics of interest including Social Security and Saving, The Central Bank and Politics, Currency Convertibility, The Sacrifice Ratio and the Reagan Disinflation, and Social Development and the Debt Crisis. * each chapter concludes with

Macroeconomics and the Wage Bargain

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Author :
Publisher : Oxford University Press on Demand
ISBN 13 : 9780198772446
Total Pages : 482 pages
Book Rating : 4.7/5 (724 download)

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Book Synopsis Macroeconomics and the Wage Bargain by : Wendy Carlin

Download or read book Macroeconomics and the Wage Bargain written by Wendy Carlin and published by Oxford University Press on Demand. This book was released on 1990 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: This intermediate level textbook concentrates on macroeconomic analysis and is one of the first to focus on imperfectly competitive labour and product markets. The authors present a `new Keynesian' treatment of macroeconomics. Its key characteristic is the use of wage bargaining and price-setting under imperfect competition, making product and labour market assumptions closer to the real world. These features are fully integrated in both closed and open economy analysis. The book provides access both to the important applied work on unemployment, inflation, and external balances, and to the journal literature on major questions of economic policy and performance, especially in Western Europe, available to undergraduates and non-specialists for the first time.

Ibss: Economics: 1999

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Publisher : Psychology Press
ISBN 13 : 9780415240093
Total Pages : 660 pages
Book Rating : 4.2/5 (4 download)

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Book Synopsis Ibss: Economics: 1999 by : Compiled by the British Library of Political and Economic Science

Download or read book Ibss: Economics: 1999 written by Compiled by the British Library of Political and Economic Science and published by Psychology Press. This book was released on 2000-12-07 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences

Macroeconomics

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Author :
Publisher :
ISBN 13 : 9781292360911
Total Pages : 0 pages
Book Rating : 4.3/5 (69 download)

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Book Synopsis Macroeconomics by : Olivier Blanchard

Download or read book Macroeconomics written by Olivier Blanchard and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed. For intermediate courses in economics. A unified view of the latest macroeconomic events In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills. Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.

Exercises in Intertemporal Open Economy Macroeconomics

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Publisher : MIT Press
ISBN 13 : 9780262611305
Total Pages : 186 pages
Book Rating : 4.6/5 (113 download)

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Book Synopsis Exercises in Intertemporal Open Economy Macroeconomics by : Thomas H. Krueger

Download or read book Exercises in Intertemporal Open Economy Macroeconomics written by Thomas H. Krueger and published by MIT Press. This book was released on 1997 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This exercise manual has been revised to be a companion volume to the third edition of "Fiscal Policies and the World Economy" by Jacob Frenkel and Assaf Razin. It includes new material on endogenous growth, convergence, and an extension of the Mundell-Flemming model.

European Integration

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Publisher : Bloomsbury Publishing
ISBN 13 : 1137019611
Total Pages : 440 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis European Integration by : Athina Zervoyianni

Download or read book European Integration written by Athina Zervoyianni and published by Bloomsbury Publishing. This book was released on 2017-09-16 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: European Integration is an authoritative and accessible guide to the integration process of the European economies, suitable for undergraduate students of economics. It explores the core trade and currency issues and features full coverage of contemporary policy debates and institutional developments.

An Open Economy Macroeconomics Reader

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Publisher : Psychology Press
ISBN 13 : 9780415253321
Total Pages : 572 pages
Book Rating : 4.2/5 (533 download)

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Book Synopsis An Open Economy Macroeconomics Reader by : Mehmet Ugur

Download or read book An Open Economy Macroeconomics Reader written by Mehmet Ugur and published by Psychology Press. This book was released on 2002 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws together the seminal contributions to the literature on the nature of macroeconomics in open economies and illuminates the material. This is an essential guide to the subject for students.

Open-Economy Macroeconomics

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Publisher : Springer
ISBN 13 : 1349128848
Total Pages : 437 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Open-Economy Macroeconomics by : Helmut Frisch

Download or read book Open-Economy Macroeconomics written by Helmut Frisch and published by Springer. This book was released on 2016-07-27 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of market economies is one of the most remarkable features of international economics, which has important implications for macroeconomic performance in open economies. Equally important is the declining relevance of the real versus the monetary theory dichotomy. These papers focus on those aspects of monetary policy which relate to credibility and non-neutrality; the domestic adjustment to foreign shocks; the interdependence of open economies and their strategic interactions. An important section is also devoted to the innovative modelling of exchange rate dynamics.

Wage-Led Growth

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Publisher : Springer
ISBN 13 : 1137357932
Total Pages : 329 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Wage-Led Growth by : Engelbert Stockhammer

Download or read book Wage-Led Growth written by Engelbert Stockhammer and published by Springer. This book was released on 2013-12-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

International Finance and Open-Economy Macroeconomics

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9783540434597
Total Pages : 646 pages
Book Rating : 4.4/5 (345 download)

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Book Synopsis International Finance and Open-Economy Macroeconomics by : Giancarlo Gandolfo

Download or read book International Finance and Open-Economy Macroeconomics written by Giancarlo Gandolfo and published by Springer Science & Business Media. This book was released on 2002-06-26 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book deals with the financial side of international economics and covers all aspects of international finance. There are many books and articles by exponents of alternative points of view. I know of no other book that provides the scope, balance, objectivity and rigor of the book." (Professor Jerome L. Stein, Brown University) From the reviews: "In this survey of international finance and open-economy macroeconomics, Gandolfo succeeds in meeting the needs of advanced undergraduate or lower-level graduate students through a largely textual and graphical approach, while at the same time presenting in the appendices explicit mathematical analyses for more advanced graduate students." (Journal of Banking & Finance 2004)