000 03028cam a2200373 i 4500
999 _c200437862
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001 200437862
003 TR-AnTOB
005 20200508150653.0
007 ta
008 170130s2017 nju b 001 0 eng d
010 _a 2016041425
020 _a9780691158778 (hardback)
040 _aDLC
_beng
_erda
_cDLC
_dDLC
_dTR-AnTOB
041 0 _aeng
050 0 0 _aHB172.5
_b.U75 2017
090 _aHB172.5
_b.U75 2017
100 1 _aUribe, Martin
_eauthor
_9127791
245 1 0 _aOpen economy macroeconomics /
_cMartín Uribe, Stephanie Schmitt-Grohé.
264 1 _aPrinceton, NJ :
_bPrinceton University Press,
_c[2017]
264 4 _c©2017
300 _axx, 626 pages ;
_c26 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages: 591-600) and index.
520 _a" Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced enormous growth over the past several decades. This rigorous and self-contained textbook brings graduate students, scholars, and policymakers to the research frontier and provides the tools and context necessary for new research and policy proposals. Martín Uribe and Stephanie Schmitt-Grohé factor in the discipline's latest developments, including major theoretical advances in incorporating financial and nominal frictions into microfounded dynamic models of the open economy, the availability of macro- and microdata for emerging and developed countries, and a revolution in the tools available to simulate and estimate dynamic stochastic models. The authors begin with a canonical general equilibrium model of an open economy and then build levels of complexity through the coverage of important topics such as international business-cycle analysis, financial frictions as drivers and transmitters of business cycles and global crises, sovereign default, pecuniary externalities, involuntary unemployment, optimal macroprudential policy, and the role of nominal rigidities in shaping optimal exchange-rate policy. Based on courses taught at several universities, Open Economy Macroeconomics is an essential resource for students, researchers, and practitioners. Detailed exploration of international business-cycle analysis Coverage of financial frictions as drivers and transmitters of business cycles and global crises Extensive investigation of nominal rigidities and their role in shaping optimal exchange-rate policy Other topics include fixed exchange-rate regimes, involuntary unemployment, optimal macroprudential policy, and sovereign default and debt sustainability Chapters include exercises and replication codes "--
_cProvided by publisher.
650 0 _aMacroeconomics
_9421
650 0 _aEconomic policy
_93725
650 0 _aPolitical planning
_9127792
700 1 _aSchmitt-Grohe, Stephanie
_eauthor
_9127793
942 _2lcc
_cBK