000 03292nam a22003977a 4500
001 19470765
003 OSt
005 20190118115251.0
008 180327b xxu||||| |||| 00| 0 eng d
010 _a 2016041425
020 _a9780691158778 (hardback) :
_c$85.00
040 _aDLC
_beng
_cDLC
_erda
_dDLC
042 _apcc
082 0 0 _a339
_223
100 1 _aUribe, Martin,
_eauthor.
245 1 0 _aOpen economy macroeconomics /
_cMartín Uribe, Stephanie Schmitt-Grohé.
264 1 _aPrinceton, NJ :
_bPrinceton University Press,
_c[2017]
300 _axx, 626 p. ;
_c27 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
365 _aUSD
_b$85.00
_c$
_d1 USD = 67.10 INR
504 _aIncludes bibliographical references (pages 591-600) and index.
520 _a" 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 "--
_cProvided by publisher.
650 0 _aMacroeconomics.
650 0 _aEconomic policy.
650 0 _aPolitical planning.
650 7 _aBUSINESS & ECONOMICS / Economics / Macroeconomics.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Economics / Theory.
_2bisacsh
650 7 _aPOLITICAL SCIENCE / Public Policy / Economic Policy.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Finance.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Reference.
_2bisacsh
700 1 _aSchmitt-Grohe, Stephanie,
_eauthor.
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2ddc
_cM
999 _c12395
_d12395