Titlebook: Open Economy Macrodynamics; An Integrated Disequ Toichiro Asada,Carl Chiarella,Reiner Franke Book 2003 Springer-Verlag Berlin Heidelberg 20

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Output, Interest and Changing Exchange Rate Regimesilibria and rational capital gains expectations; see McKibbin and Sachs (1991) for an example. It is therefore still of use to start from and to consider the basic form of the Mundell-Fleming approach to trade and capital mobility, its rich set of implications for the use of fiscal and monetary poli

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Two-Country Business Cycle Models: ‘Euroland and the USA’d then in interaction. The results achieved in this closing chapter still represent work in progress and thus surely need extension in order to truly judge the potential of the proposed model type for a discussion of the international transmission of the business cycle through positive or negative p

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Book 2003USA and Euroland. Our macrofounded approach extends and integrates non-market clearing traditions to macrodynamics and can be usefully compared with the New Keynesian approaches which are generally rigorously microfounded, but often much more limited in scope in capturing full market and agent inter

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like the USA and Euroland. Our macrofounded approach extends and integrates non-market clearing traditions to macrodynamics and can be usefully compared with the New Keynesian approaches which are generally rigorously microfounded, but often much more limited in scope in capturing full market and agent inter978-3-642-07274-1978-3-540-24793-7

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Toichiro Asada,Carl Chiarella,Peter Flaschel,Reiner Frankey genital inspection, and suffer incarceration in a ‘lock hospital’ if an infection was discovered. By the late 1860s, an enormous protest movement had sprung up demanding the Acts’ repeal, claiming they licensed vice, rode roughshod over the constitutional rights of the women, and codified a ‘doubl