Developed in the classroom by two of the most prominent researchers in the field, Feenstra and Taylor’s International Economics is a modern textbook for a modern audience, connecting theory to empirical evidence and expanding beyond the traditional focus on advanced companies to cover emerging markets and developing economies. International Macroeconomics is a split volume from the text, covering: • The gains from financial globalization (Chapter 6) • Fixed versus floating regimes (Chapter 8) • Exchange-rate crises (Chapter 9 • The Euro (Chapter 10) As well as core topics: • Foreign exchange markets and exchange rates in the short run and the long run (Chapters 2–4) • The national and international accounts (Chapter 5) • The open economy IS-LM model (Chapter 7) • Applied topics of current interest (Chapter 11) The new edition has been thoroughly updated, including the latest on the Eurozone crisis. In addition, it will be available in it’s own dedicated version of LaunchPad, Worth Publishers’ breakthrough new online course space.
This is not a theory-for-theory’s-sake textbook but a practice-oriented, common-sense approach to explaining international macroeconomics which quickly connects readers to real world events.
This book provides a non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy.
It presents a much more realistic picture than what is provided by other textbooks." —Rodolphe Desbordes, University of Strathclyde "This text's main strength is its unified approach, as it starts with a general model, and then considers ...
Robert C. Feenstra, Alan M. Taylor. economy. However, it can indirectly control ... See Laurence M. Ball, Money, Banking, and Financial Markets 2nd edition (New York: Worth, 2010 forthcoming). 4. Rate of depreciation increases. μ Growth ...
The top four countries were judged investment grade ( BBB + ) , but the others were given junk bond ratings ( BB + or B + ) . The BBB + bonds paid between 0.49 % and 1.69 % more in interest each year than U.S. Treasury bonds .
This volume, presenting some of the finest new research on exchange rates and international macroeconomics, contains papers and critical commentary by thirty-two leading economists.
This new text provides a systematic and comprehensive international treatment of the asset approach to the exchange rate and the current account of the balance of payments.
This book collects selected articles addressing several currently debated issues in the field of international macroeconomics.
The new edition has been thoroughly revised and updated to reflect the latest research on international finance. This book deals with the financial side of international economics and covers all aspects of international finance.
The book has four objectives: * to describe the evolution of and experiences with global exchange rate regimes * to introduce the reader to a rigorous analysis of open economy models * to apply the model framework to address key policy ...