Titlebook: International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination; Mario Baldassarri (Professor of Econo

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The Pass-Through Puzzle: The Missing Prince from Hamletar prices of imports within the US as in earlier periods (1). The media see Robert Kuttner [15] in the . a yeart ago, reporting on a 1987 Brandeis Conference of local experts on international macroeconomics) have presented this with some fanfare and, presumably encouraged by economists in the field,

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North-North and North-South Debt Crises and the Role of Trade Adjustmentscent North-North debt crisis, i.e. the build-up of the US external debt. It also links the financial problems which have emerged from this interconnection to the trade imbalances which represent the other side of the coin of financial disequilibria. It takes a systemic, and medium term, perspective

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Latin American Debt, US Role in the Transmission of North-South Linkages, and World Tradepective. In particular, it focuses on the implications of the Latin American debt crisis for the US economy and US economic policies, and how these in turn affect US affairs with Europe as well as its other OECD partners. Despite the limited direct economic interaction between Latin America and Euro

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Exchange-Rate Regimes and the Desirability of International Cooperations the attention has focused on the interaction between policy-makers and wage-setters (Barro and Gordon [4]) and among different policy-making institutions within the same country (Tabellini [34]; Carraro [11]). Open economy models have studied the interaction among policy-makers in different countr

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Prices and Exchange Rates: What Theory Needs to Explainlustrate what appear to be the most important statistical facts about the joint behavior of aggregate price levels and nominal exchange rates, both in the short run and in the long run (1), and to discuss alternative theoretical models that might explains the facts. Rather than coming to a conclusio

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International Economic Coordination from Bretton Woods to the G5/G7 Meetings in the 80ss lead to effective cooperation. On the other hand, fixed exchange rates implied automatic constraints on monetary policies, although they were not always accepted. Since the post World War II period, industrialized countries have experienced several kinds of explicit economic policy coordination.

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