An overview of the causes and consequences of speculative attacks on domestic currency and international financial turmoil. It provides a comprehensive treatment of the existing theories of exchange rate crises and of financial market runs.
Macroeconomics at the service of public policy
This text uses state of the art models from the frontier of macroeconomics to answer key questions about how the economy functions and how policy should be conducted. It includes contributions on the market as a bearer of risk, the European Debt crisis, and possible stagflation …
This volume reconsiders the role of the Phillips curve in macroeconomic analysis in the first twenty years following the famous work by A.W.H. Phillips, after whom it is named.
The Entropy Law and the economic process
Economists' mathematical manual
by Sydsæter, Knut, Berck, Peter, Strøm, Arne,, economie
"Introducing Advanced Macroeconomics: Growth and Business Cycles" bridges the gap between intermediate macroeconomics texts and more advanced macroeconomics texts, something not currently available in the market. This text seeks to give students a thorough understanding of some …
This book provides students with a thorough understanding of fundamental models in macroeconomics and introduces them to methods of formal macroeconomic analysis. Split into two sections, the first half of the book focuses on macroeconomics for the long run, introducing and deve…
The book illustrates how information choice is used to answer questions in monetary economics, portfolio choice theory, business cycle theory, international finance, asset pricing, and other areas. It shows how to build and test applied theory models with information frictions. …