Полное описание

Bajo-Rubio, O. Macroeconomic Analysis of Monetary Unions : a General Framework Based on the Mundell-Fleming Model / by Oscar Bajo-Rubio, Carmen Díaz-Roldán. - Berlin ; Heidelberg : Imprint: Springer,, 2011. - on-line. - (SpringerBriefs in Economics). - URL: http://dx.doi.org/10.1007/978-3-642-19445-0. - Загл. с экрана. - ISBN 978-3-642-19445-0. - Текст : электронный.
Содержание:
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 -- Conclusions -- Appendix.

ГРНТИ	УДК
06.51.87	339.738

Рубрики:
economic theory
macroeconomics
international economics
economics
economic Theory/Quantitative Economics/Mathematical Methods
macroeconomics/Monetary Economics//Financial Economics
international Economics

Аннотация: The book develops a general framework for the macroeconomic modeling of monetary unions. The starting point of the analysis is the standard two-country Mundell-Fleming model with perfect capital mobility, extended to incorporate the supply side in a context of rigid real wages, and modified so that the money market is common for two countries forming a monetary union. The model is presented in two versions: for a small and a large monetary union, respectively. After solving each model, the authors derive multipliers for monetary, expenditure, supply, and external shocks, both in the short and the long run; a graphical analysis is also provided. Special attention is paid to the crucial distinction between symmetric and asymmetric shocks.
Доп. точки доступа:
Díaz-Roldán, C.

http://dx.doi.org/10.1007/978-3-642-19445-0

Держатели документа:
Государственная публичная научно-техническая библиотека России : 123298, г. Москва, ул. 3-я Хорошевская, д. 17 (Шифр в БД-источнике (KATBW): -530396815)

Шифр в сводном ЭК: e742712113b6d91c2de561419bad777d

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