Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

International Macroeconomics: Theory and Policy offers phenomenal coverage across the entire subject of international macroeconoimics in an open economy context. The book has four objectives: * to describe the evolution of and experiences with global exchange rate regimes * to introduce the reader to a rigorous analysis of open economy models * to apply the model framework to address key policy issues * to review individual country experiences of macro policy

Macroeconomics --- International finance --- Foreign exchange --- Econometric models --- Macroeconomics. --- Econometric models. --- Economics --- Foreign exchange. --- Economic Theory --- Business & Economics --- Currency crises --- Cambistry --- Currency exchange --- Exchange, Foreign --- Foreign currency --- Foreign exchange problem --- Foreign money --- Forex --- FX (Finance) --- International exchange --- Foreign exchange - Econometric models

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper evaluates the proposal that government authorities ought to target nominal income. It begins by viewing the literature in some detail. It then undertakes a theoretical analysis of the proposal first for the small country and next for the large country. There is then a general discussion of various issues posed by nominal income targeting. Finally, the paper summarizes the empirical work to date. We show that traditional theoretical analysis tends to be too simple and overly biased in favor of nominal income targeting. When more realistic assumptions are made or econometric simulations are undertaken the case for nominal income targeting is substantially weakened but not, however, destroyed.

Banks and Banking --- Foreign Exchange --- Labor --- Macroeconomics --- Money and Monetary Policy --- Personal Income, Wealth, and Their Distributions --- Interest Rates: Determination, Term Structure, and Effects --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Wages, Compensation, and Labor Costs: General --- Demand for Money --- Finance --- Monetary economics --- Currency --- Foreign exchange --- Labour --- income economics --- Personal income --- Real interest rates --- Monetary base --- Real exchange rates --- Wages --- National accounts --- Financial services --- Money --- Demand for money --- Income --- Interest rates --- Money supply --- United States --- Income economics

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

International finance

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)