£136.21

Springer - Open Economy Macrodynamics: Integrated Approach

Name: Springer - Open Economy Macrodynamics: Integrated Approach
Brand: Springer
Price: 136.21 GBP
Availability: InStock

Econometrics

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£136 today · usual range £124–£148 · best ever £124

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Description

Explore the complexities of global economic systems with Open Economy Macrodynamics: An Integrated Disequilibrium Approach by Springer. This academic text provides a deep dive into the mechanics of interacting and small open economies through a historical and theoretical lens. The first section examines the evolution of economic thought, beginning with the Classical model of the gold standard and the specie-flow mechanism. It analyzes the Dornbusch IS-LM-PC approach and its role in contemporary open economy macrodynamics, including its application in structural macroeconometric model building with or without rational expectations. Moving beyond standard equilibrium models, the second part of the book extends this analysis to include disequilibrium in real markets. This comprehensive approach helps readers understand the structural dynamics that shape modern economies. It is an essential resource for students, researchers, and professionals in the fields of economics and econometrics seeking a rigorous understanding of macro-level market behaviors.

Key Features

Covers interacting and small open economies from a historical perspective starting with the Classical gold standard model.

Analyzes the Dornbusch IS-LM-PC approach and its impact on modern open economy macrodynamics.

Provides insights into structural macroeconometric model building for advanced economic analysis.

Includes an extended analysis of disequilibrium within real markets for a more complete economic view.

Explores the role of rational expectations within contemporary macroeconomic frameworks.

Product Specifications

Brand: Springer
Format: hardcover
ASIN: 354040144X
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 17 June 2003
Listed Since: 27 December 2006

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Springer - Open Economy Macrodynamics: Integrated Approach

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