£132.30

Springer - Open Economy Macrodynamics: Integrated Approach

Name: Springer - Open Economy Macrodynamics: Integrated Approach
Brand: Springer
Price: 132.3 GBP
Availability: InStock

Econometrics

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Description

Explore the complexities of global economic systems with Open Economy Macrodynamics: An Integrated Disequilibrium Approach. Published by Springer, this academic text provides a deep look into how interacting and small open economies function through various historical and modern lenses. The first section of the book examines economic history, starting with the Classical model of the gold standard and the specie-flow mechanism. It evaluates the Dornbusch IS-LM-PC approach, analyzing its role in contemporary open economy macrodynamics and its application in structural macroeconometric model building, regardless of whether rational expectations are included. Moving beyond traditional frameworks, the second part of the book expands the analysis by incorporating disequilibrium elements within real markets. This makes the text an essential resource for students, researchers, and professionals specializing in econometrics and macroeconomic theory who require a comprehensive understanding of market imbalances and economic modeling.

Key Features

Historical perspective covering the Classical model of the gold standard and the specie-flow mechanism.

Detailed analysis of the Dornbusch IS-LM-PC approach in modern macroeconomics.

Applications for structural macroeconometric model building in open economies.

Expanded study of disequilibrium within real markets for advanced economic analysis.

Comprehensive coverage of both interacting and small open economy dynamics.

Product Specifications

Brand: Springer
Format: paperback
ASIN: 3642072747
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 06 December 2010
Listed Since: 20 September 2010

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Springer - Open Economy Macrodynamics: Integrated Approach

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