Titlebook: Exchange Rates, Money and Output; The European Experie Paul Grauwe,Michele Fratianni,Mustapha K. Nabli Book 1985 Paul De Grauwe, Michele Fr

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書目名稱Exchange Rates, Money and Output影響因子(影響力)




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書目名稱Exchange Rates, Money and Output網(wǎng)絡(luò)公開度




書目名稱Exchange Rates, Money and Output網(wǎng)絡(luò)公開度學(xué)科排名




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書目名稱Exchange Rates, Money and Output被引頻次學(xué)科排名




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書目名稱Exchange Rates, Money and Output讀者反饋




書目名稱Exchange Rates, Money and Output讀者反饋學(xué)科排名

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Interest Rate Parity and Imperfect Substitutabilityk rather than relying on a monetary approach. The latter, by taking domestic and foreign assets as perfect substitutes, emphasises only one asset, money. In contrast, by removing the perfect substitutability assumption, the portfolio-balance approach allows current-account imbalances to affect the e

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The Theory of the Financial Economyfies modelling the financial economy according to portfolio-balance principles. The literature on this subject is of recent vintage. While Fleming (1962) and Mundell (1963) are credited with having inspired the portfolio-balance approach, it was not until the early 1970s that economists adapted Jame

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Monetary Policy in an Interdependent Worldons I to III we analyse changes in the nature of economic interdependence from the 1960s to the 1970s and offer some explanations for these changes. In doing so, we draw upon the framework of analysis developed in the previous chapters of the book. In Sections IV and V we study the transmission abro

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Summary and Conclusionre of the productive system; others from financial disturbances. This book has dealt with some aspects of these difficulties. In the first part of the book we directed our attention to the supply side of the economy, and asked the questions how and to what extent the supply of manufacturing output i

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Monetary Policy in an Interdependent Worldn doing so, we draw upon the framework of analysis developed in the previous chapters of the book. In Sections IV and V we study the transmission abroad of policy shocks originating in the United States in recent history.

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Graham A. Tobin,Linda M. Whiteford net external claims (net external liabilities), that is an economy with a surplus (deficit) in its cumulative current account of the balance of payments.. The exchange rate, in this framework, adjusts so as to ensure that asset supplies are willing held. Thus, by its very nature, this view emphasises the short run.