Principles of International Finance and Open Economy Macroeconomics

Cristina Terra

in Elsevier Monographs from Elsevier, currently edited by Candice Janco

Abstract: Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and Policies presents a macroeconomic framework for understanding and analyzing the global economy from the perspectives of emerging economies and developing countries. Unlike most macroeconomic textbooks, which typically emphasize issues about developed countries while downplaying issues related to developing countries, this book emphasizes problems in emerging economies, including those in Latin American countries. It also explains recent developments in international finance that are essential to a thorough understanding of the effects and implications of the recent financial crisis. Concentrates on developing country perspectives on International Finance and the Economy, including those in Latin American countries Provides case studies and publicly available data allowing readers to explore theories and their applications Explains recent developments in international finance that are essential to a thorough understanding of the effects and implications of the recent financial crisis Proposes a unified mathematical model accessible to those with basic mathematical skills

Keywords: Asset price arbitrage; Balance of payments; Banking crises; Book structure; Consumption smoothing; Contagion; Current account; Dark matter; Exchange rate; Exchange rate bands; Exchange rate depreciation; Exchange rate fundamentals; Exchange rate market; Exchanger rate depreciation and appreciation; External balance; Firm indebtedness; Fiscal policy; Fixed exchange rate regime; Flexible prices; Floating exchange rate regimes; Global imbalances; Gross domestic product; Hard peg regimes; Income and substitution effects; Inflation; Interest rate parity; Intertemporal model; Investment; Long run; Mathematical modeling; Monetary model; Monetary union; Mundell-Fleming model; Mundell-Fleming-Dornbusch model; National accounts; Net international investment position; Nontradable goods; Original sin; Portfolio balance; Price rigidity; Purchasing power parity; Real and nominal exchange rate; Real exchange rate; Savings; Soft peg regimes; Sustainability of current account deficits; Trade openness; Valuation effect (search for similar items in EconPapers)
Date: 2015 Originally published 2015-06-19.
Edition: 1
ISBN: 978-0-12-802297-9
References: Add references at CitEc
Citations: View citations in EconPapers (2)

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