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02815nam a22004815i 4500 |
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978-3-642-19445-0 |
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DE-He213 |
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20151204164905.0 |
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|a 9783642194450
|9 978-3-642-19445-0
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|a 10.1007/978-3-642-19445-0
|2 doi
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|a HB1-846.8
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|a BUS069030
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|a 330.1
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|a Bajo-Rubio, Oscar.
|e author.
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|a Macroeconomic Analysis of Monetary Unions
|h [electronic resource] :
|b A General Framework Based on the Mundell-Fleming Model /
|c by Oscar Bajo-Rubio, Carmen Díaz-Roldán.
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|a Berlin, Heidelberg :
|b Springer Berlin Heidelberg :
|b Imprint: Springer,
|c 2011.
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| 300 |
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|a VII, 50 p.
|b online resource.
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|a text
|b txt
|2 rdacontent
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|a computer
|b c
|2 rdamedia
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|a online resource
|b cr
|2 rdacarrier
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|a text file
|b PDF
|2 rda
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|a SpringerBriefs in Economics,
|x 2191-5504
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|a Introduction -- The Model: Description of the Model; A Macroeconomic Model for a Monetary Union; Characterization of the Shocks.-The Model for a Small Monetary Union: Shock Multipliers; Graphical Analysis -- The Model for a Large Monetary Union: Shock Multipliers; Graphical Analysis -- Conclusions -- Appendix.
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|a The book develops a general framework for the macroeconomic modeling of monetary unions. The starting point of the analysis is the standard two-country Mundell-Fleming model with perfect capital mobility, extended to incorporate the supply side in a context of rigid real wages, and modified so that the money market is common for two countries forming a monetary union. The model is presented in two versions: for a small and a large monetary union, respectively. After solving each model, the authors derive multipliers for monetary, expenditure, supply, and external shocks, both in the short and the long run; a graphical analysis is also provided. Special attention is paid to the crucial distinction between symmetric and asymmetric shocks.
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| 650 |
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|a Economic theory.
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| 650 |
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|a Macroeconomics.
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| 650 |
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|a International economics.
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|a Economics.
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| 650 |
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|a Economic Theory/Quantitative Economics/Mathematical Methods.
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| 650 |
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|a Macroeconomics/Monetary Economics//Financial Economics.
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| 650 |
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4 |
|a International Economics.
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| 700 |
1 |
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|a Díaz-Roldán, Carmen.
|e author.
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| 710 |
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|a SpringerLink (Online service)
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|t Springer eBooks
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|i Printed edition:
|z 9783642194443
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| 830 |
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|a SpringerBriefs in Economics,
|x 2191-5504
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| 856 |
4 |
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|u http://dx.doi.org/10.1007/978-3-642-19445-0
|z Full Text via HEAL-Link
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| 912 |
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|a ZDB-2-SBE
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| 950 |
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|a Business and Economics (Springer-11643)
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