Michael Carlberg 
Open Economy Dynamics [PDF ebook] 

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The focus is on the inter action between demand and supply in a small open economy featuring the dynamics of private capital, public debt and foreign assets. The overlapping generations model serves as a microfoundation. It proves useful to consider different scenarios. Exchange rates are either flexible or fixed. Money wages can be flexible, fixed or slow. Monetary and fiscal policy may be exogenous or endo- genous. Either budget deficits are allowed, or continuous budget balance...

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语言 英语 ● 格式 PDF ● ISBN 9783642499951 ● 出版者 Physica-Verlag HD ● 发布时间 2013 ● 下载 3 时 ● 货币 EUR ● ID 6325441 ● 复制保护 Adobe DRM
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