Cart
Free US shipping over $10
Proud to be B-Corp

International Macroeconomics and Finance Nelson C. Mark

International Macroeconomics and Finance By Nelson C. Mark

International Macroeconomics and Finance by Nelson C. Mark


$10.00
Condition - Very Good
Only 2 left

Summary

This short, concrete, and to--the--point book guides students through this vast field of conflicting opinions. The book begins from the premise that students benefit most from seeing a balanced treatment of all available views. For instance, this book provides coverage of both ad hoc and optimizing models.

International Macroeconomics and Finance Summary

International Macroeconomics and Finance: Theory and Econometric Methods by Nelson C. Mark

This short, concrete, and to--the--point book guides students through this vast field of conflicting opinions. The book begins from the premise that students benefit most from seeing a balanced treatment of all available views. For instance, this book provides coverage of both ad hoc and optimizing models. It also explores divisions such as flexible price versus sticky price models, rationality versus irrationality, and calibration versus statistical inference. By giving consideration to each of these a mini debates;, this book shows how each approach has its good and bad points.

International Macroeconomics and Finance Reviews

"The author should be congratulated on producing a first--class graduate text. The book has a breathtaking scope, spanning traditional monetary approaches to general equilibrium models under both perfect and imperfect competition in a clear, rigorous and lucid style. It will be of enormous value to postgraduate students in international macroeconomics." Andrew Snell, University of Edinburgh

About Nelson C. Mark

Nelson C. Mark is Professor of Economics at Ohio State University. He has been widely published in journals such as the Economic Journal, Journal of Applied Econometrics, Journal of International Economics, American Economic Review, Journal of Finance, International Economic Review, Journal of Financial Economics, and Journal of Monetary Economics. He is presently editor of Journal of Money, Credit and Banking.

Table of Contents

Preface. 1. Some Institutional Background:. International Financial Markets. National Accounting Relations. The Central Banka s Balance Sheet. 2. Some Useful Time--Series Methods:. Unrestricted Vector Autoregressions. The Generalized Method of Moments. The Simulated Method of Moments. Unit Roots. Panel Unit--Root Tests. Cointegration. Filtering. 3. The Monetary Model:. Purchasing--Power Parity. The Monetary Model of the Balance of Payments. The Monetary Model under Flexible Exchange Rates. Fundamentals and Exchange Rate Volatility. Testing Monetary Model Predictions. Problems. 4. The Lucas Model:. The Barter Economy. The One--Money Monetary Economy. The Two--Money Monetary Economy. An Introduction to the Calibration Method. Calibrating the Lucas Model. Appendix: Markov Chains. Problems. 5. International Real Business Cycles:. Calibrating the One--Sector Growth Model. Calibrating a Two--Country Model. 6. Foreign Exchange Market Efficiency:. Deviations from UIP. Rational Risk Premia. Testing Euler Equations. Apparent Violations of Rationality. The "Peso Problem". Noise Traders. Problems. 7. The Real Exchange Rate:. Some Preliminary Issues. Deviations from the "Law--of--One--Price". Long--Run Determinants of the Real Exchange Rate. Long--Run Analyses of Real Exchange Rates. Problem. 8. The Mundell--Fleming Model:. A Static Mundell--Fleming Model. Dornbuscha s Dynamic Mundell--Fleming Model. A Stochastic Mundell--Fleming Model. VAR Analysis of Mundell--Fleming. Appendix: Solving the Dornbusch Model. Problems. 9. The New International Macroeconomics:. The Redux Model. Pricing to market. Problems. 10. Target--Zone Models:. Fundamentals of Stochastic Calculus. The Continuous--Time Monetary Model. Infinitesimal Marginal Intervention. Discrete Intervention. Eventual Collapse. Imperfect Target--Zone Credibility. 11. Balance--of--Payments Crises:. A First--Generation Model. A Second--Generation Model. Bibliography. Author Index. Subject Index.

Additional information

GOR004180467
9780631222880
063122288X
International Macroeconomics and Finance: Theory and Econometric Methods by Nelson C. Mark
Used - Very Good
Paperback
John Wiley and Sons Ltd
2001-08-06
296
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - International Macroeconomics and Finance