Open-Economy Macroeconomics: Proceedings of a Conference held in Vienna by the International Economic Association

✍ Scribed by Helmut Frisch, Andreas Wörgötter (eds.)

• Publisher: Palgrave Macmillan UK
• Year: 1993
• Tongue: English
• Leaves: 437
• Series: International Economic Association Series
• Category: Library

✦ Table of Contents

Front Matter....Pages i-xxxi
Front Matter....Pages 1-1
Exchange-Rate Based Stabilisation under Imperfect Credibility....Pages 3-28
Devaluation, the Terms of Trade, and Investment in a Keynesian Economy....Pages 29-45
Sheet Anchors, Fixed Price Anchors and Price Stability in a Monetary Union....Pages 46-69
Foreign Supply Shocks, Wage Indexation and Optimal Monetary Policy....Pages 70-91
Front Matter....Pages 93-93
The Impact of Fiscal and Productivity Shocks on the Natural Rate of Unemployment in a Two-Country World....Pages 95-118
Shocks and Aggregate Low Frequency Variability in a Small Open Economy....Pages 119-136
Real Shocks and the Real Exchange Rate....Pages 137-152
Economic Adjustment and Growth in Small Developing Countries....Pages 153-163
Front Matter....Pages 165-165
Influence of Fiscal Shocks on Exchange Rate Volatility under Imperfect Capital Mobility and Asset Substitutability....Pages 167-185
Domestic and Foreign Shocks to Employment and Capital Accumulation in Germany....Pages 186-202
Capital Taxation, Housing Investment and Wealth Accumulation in a Small Open Economy....Pages 203-223
Underemployment Equilibria in an Empirical Macromodel for Austria....Pages 224-237
Front Matter....Pages 239-239
Measurement Errors and the Convergence Hypothesis....Pages 241-256
Three Parity Conditions in International Finance....Pages 257-271
Endogenous Growth, Convergence and Fiscal Policies in an Interdependent World....Pages 272-288
Consistent Conjectural Equilibria and Economic Policies Coordination....Pages 289-309
Front Matter....Pages 311-311
Stochastic Shocks, Fads and Exchange Rate Fundamentals: An Empirical Evaluation of the Target Zone Proposal....Pages 313-331
The Theory of Exchange Rate Determination, and Exchange Rate Forecasting....Pages 332-352
A Chaotic Monetary Model of the Exchange Rate....Pages 353-376
Theories, Consistent Expectations and Exchange Rate Dynamics....Pages 377-399
Front Matter....Pages 311-311
Bandwagon Effects or Rational Expectations in the Exchange Rate?....Pages 400-407
Back Matter....Pages 409-416

✦ Subjects

Macroeconomics/Monetary Economics//Financial Economics