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Titlebook: Essays in Macroeconomics of an Open Economy; Franz Gehrels Book 1991 Springer-Verlag Berlin Heidelberg 1991 Growth.Inflation.Macroeconomic

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https://doi.org/10.1007/978-1-4302-1949-1xed-interest securities of all maturities, as well as for equities, . for material assets. There are differences in the consequences of a given change in the stock of money, according as it is generated by a public deficit or surplus, an active or passive balance of payments, by open-market operatio
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https://doi.org/10.1007/978-3-642-95659-1Growth; Inflation; Macroeconomics; Makroökonomie; Open Economy; Volkswirtschaft; Wachstum; production
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Essays in Macroeconomics of an Open Economy978-3-642-95659-1Series ISSN 0075-8442 Series E-ISSN 2196-9957
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Code-Switching Across Time and Space,n policy. In comparison with another book bearing a related title, Dombusch (1980), the emphasis is not on balance-of-payments adjustment, although this receives its due, but on the behavior of the large aggregates in an economy which happens also to be open rather than closed.
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Hermann J. Sottong,Michael Müllernvesting and borrowing. It turns out that in neither case is the economy immune to shocks but that under specified circumstances the open economy responds better to real disturbances than does the closed economy. On the other hand the open economy may be troubled by international capital transfers.
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