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Engel, C. Fagerberg, J. Falvey, R. Frenkel, J. Fry, M. Ghatak, S. Gillis, M. Goldberg, M. Grossman, G. Gylfason, T. Haug, A. Helpman, E. Hester, D. Khalilzadeh, J. Kiguel, M. King, M. CrossRef Google Scholar. Kotlikoff, L. Koustas, Z. XIX, no. Lai, C. Lane, T. Levine, R. Liang, N. Liviatan, N. Lizondo, J.

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Open Economy Macroeconomics in Developing Countries (The MIT Press)

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Continue shopping. Title: open economy macroeconomics developing countries. This rigorous and comprehensive textbook develops a basic small open economy model and shows how it can be extended to answer many important macroeconomic questions that arise in emerging markets and developing economies, particularly those regarding monetary, fiscal, and exchange rate issues.

Eschewing the complex calibrated models on which the field of international finance increasingly relies, the book teaches the reader how to think in terms of simple models and grasp the fundamentals of open economy macroeconomics.

After analyzing the standard intertemporal small open economy model, the book introduces frictions such as imperfect capital markets, intertemporal distortions, and nontradable goods, into the basic model in order to shed light on the economy's response to different shocks. The book then introduces money into the model to analyze the real effects of monetary and exchange rate policy. Each chapter includes boxes with relevant empirical evidence and ends with exercises.

Open Economy Macroeconomics Developing Countries by Carlos Végh

The book is suitable for use in graduate courses in development economics, international finance, and macroeconomics. A graduate-level book in Open Economy Macroeconomics that would be quite useful for any course on the subject.

It has a Newtonian elegance in that most of the text is developed within a cogent and rigorous framework.