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International Macroeconomic Interdependence (World Scientific Studies in International Economics Book 60)

Paul R Bergin
4.9/5 (9225 ratings)
Description:How does globalization in goods and asset markets alter the nature of economic recessions and the choices facing macroeconomic policy makers? This volume presents empirical and theoretical contributions of economist Paul Bergin to this vital question. By a number of metrics, including trade volume and price convergence, national goods markets have become more globally integrated over time. The same is true for asset markets, which today function more as a single global marketplace. Rigorous theoretical models are developed to explore how international integration in these markets provides channels by which shocks driving recession in one country can be transmitted to other countries. These theoretical concepts can shed light on the Great Recession of the last decade, which has been referred to as the first truly global recession. Theory is also brought to bear to explore how these international spillovers and the resulting international co-movement in recessions can create incentives for policy makers to coordinate their monetary and fiscal policies with each other, as they deal with the challenge of managing their national economies.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with International Macroeconomic Interdependence (World Scientific Studies in International Economics Book 60). To get started finding International Macroeconomic Interdependence (World Scientific Studies in International Economics Book 60), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
433
Format
PDF, EPUB & Kindle Edition
Publisher
World Scientific Publishing Company
Release
2017
ISBN
9813225351

International Macroeconomic Interdependence (World Scientific Studies in International Economics Book 60)

Paul R Bergin
4.4/5 (1290744 ratings)
Description: How does globalization in goods and asset markets alter the nature of economic recessions and the choices facing macroeconomic policy makers? This volume presents empirical and theoretical contributions of economist Paul Bergin to this vital question. By a number of metrics, including trade volume and price convergence, national goods markets have become more globally integrated over time. The same is true for asset markets, which today function more as a single global marketplace. Rigorous theoretical models are developed to explore how international integration in these markets provides channels by which shocks driving recession in one country can be transmitted to other countries. These theoretical concepts can shed light on the Great Recession of the last decade, which has been referred to as the first truly global recession. Theory is also brought to bear to explore how these international spillovers and the resulting international co-movement in recessions can create incentives for policy makers to coordinate their monetary and fiscal policies with each other, as they deal with the challenge of managing their national economies.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with International Macroeconomic Interdependence (World Scientific Studies in International Economics Book 60). To get started finding International Macroeconomic Interdependence (World Scientific Studies in International Economics Book 60), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
433
Format
PDF, EPUB & Kindle Edition
Publisher
World Scientific Publishing Company
Release
2017
ISBN
9813225351
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