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Macroeconomic Modelling and Monetary and Exchange Rate Regimes

Paul Masson

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: This book presents articles that focus on the inter-related issues of choice of exchange rate and monetary policy regimes, and others that use a global macroeconomic model developed by the author and collaborators to quantify the effects of the "baby boom" on global imbalances, costs of disinflation, and the effects of German unification. The book presents new analysis of the euro-zone experience and its applicability to other monetary unions, as well as a discussion of the prerequisites for successful inflation targeting. It is grounded in real-world data, readily accessible to non-specialists, and addresses important economic policy issues.

Keywords: Exchange Rates; Modelling; Monetary Unions; Inflation Targeting (search for similar items in EconPapers)
JEL-codes: F45 (search for similar items in EconPapers)
Date: 2019
ISBN: 9789811200953
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.worldscientific.com/worldscibooks/10.1142/11297 (text/html)
Ebook Access is available upon purchase

Chapters in this book:

Ch 1 Introduction , pp 1-14 Downloads
Paul Masson
Ch 2 Macroeconomic Effects of Projected Population Aging in Industrial Countries , pp 17-56 Downloads
Paul Masson and Ralph W. Tryon
Ch 3 Models of Inflation and the Costs of Disinflation , pp 57-99 Downloads
Bankim Chadha, Paul Masson and Guy Meredith
Ch 4 German Unification: What Have We Learned from Multi-Country Models? , pp 101-140 Downloads
Joseph E. Gagnon, Paul Masson and Warwick McKibbin
Ch 5 Exchange Rate Regimes of Developing Countries: Global Context and Individual Choices , pp 143-193 Downloads
Esteban Jadresic, Paul Masson and Paolo Mauro
Ch 6 Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa , pp 195-242 Downloads
Xavier Debrun, Paul Masson and Catherine Pattillo
Ch 7 Currency Unions in Africa: Is the Trade Effect Substantial Enough to Justify Their Formation? , pp 243-262 Downloads
Paul Masson
Ch 8 Fiscal Asymmetries and the Survival of the Euro Zone , pp 263-295 Downloads
Paul Masson
Ch 9 The Euro at 20: Lessons for Africa , pp 297-328 Downloads
Paul Masson
Ch 10 The Scope for Inflation Targeting in Developing Countries , pp 331-383 Downloads
Paul Masson, Miguel A. Savastano and Sunil Sharma
Ch 11 Are Bygones Not Bygones? Modeling Price-Level Targeting with an Escape Clause and Lessons from the Gold Standard , pp 385-417 Downloads
Paul Masson and Malik Shukayev

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