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Open Economy Macroeconomics

Open Economy Macroeconomics

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  • ISBN:9780691158778
  • Editorial: Princeton University Press
  • Fecha de la edición:
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  • Nº Pág.:648
  • Idiomas:Ingles,Inglés

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Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced enormous growth over the past several decades. This rigorous and self-contained textbook brings graduate students, scholars, and policymakers to the research frontier and provides the tools and context necessary for new research and policy proposals. Martin Uribe and Stephanie Schmitt-Grohe factor in the discipline's latest developments, including major theoretical advances in incorporating financial and nominal frictions into microfounded dynamic models of the open economy, the availability of macro- and microdata for emerging and developed countries, and a revolution in the tools available to simulate and estimate dynamic stochastic models.

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