Végh Gramont, Carlos A., 1958-

Open economy macroeconomics in developing countries / Carlos A. Végh. - x, 899 pages : illustrations ; 24 cm



Preface -- Introduction -- The basic intertemporal model -- Capital markets imperfections -- Intertemporal prices -- Non-tradable goods and relative prices -- The basic monetary model -- The monetary approach to the balance of payments -- Temporary policy -- Sticky prices -- Interest rate policy -- Optimal fiscal and monetary policy in the open economy -- Optimal exchange rate regimes -- Real anchors -- Stopping high inflation -- Capital inflows -- Dollarization -- Balance of payment crises -- Financial crises.

9780262018906 (hbk. : alk. paper) 026201890X (hbk. : alk. paper)

2012046601


Fiscal policy--Developing countries
Monetary policy--Developing countries

HJ1620 / .V44 2013