Essays in Macroeconomics - Furceri Davide

Name: Essays in Macroeconomics - Furceri Davide
Brand: KS OmniScriptum Publishing
Availability: InStock

+ Dodaj do porównania Dodaj do listy zakupowej

Rozmiar

uniwersalny

Cena regularna~~473,29 zł~~

469,42 zł

/ szt.

Najniższa cena z 30 dni przed obniżką: 494,57 zł

Możesz kupić także poprzez:

Produkt dostępny

Darmowa i szybka dostawa od 89,00 zł

14 dni na łatwy zwrot

Bezpieczne zakupy

This work contributes to the literature in international macroeconomics, focusing on two important aspects: currency unions and growth. First,we develop a theoretical model that is able to capture some of the factors that are characterizing the trade between developed and developing countries and their growth regimes. Second, we consider two main macroeconomic costs and benefits predicted by the theory of Optimum Currency Areas: i) the business-cycle correlation between the candidate's economy and that of the currency zone as a whole; ii) the candidate economy's enhanced price stability. The results provide empirical evidence of the existence of several optimal currency areas in the world. In particular, in several areas, such as Europe, the Middle-East, Africa, the Commonwealth of Independent States and Mongolia, the creation of a common currency union is beneficial.Another important element to foster growth, besides trade and monetary integration, is macroeconomic stability. We present theoretical and empirical evidence showing that the relation between volatility and average long-run growth is robustly negative.

EAN: 9783639316742

Producent

KS OmniScriptum Publishing

Kod produktu

684GJO03527KS

Rok wydania

2011

Elementy

140

Oprawa

Oprawa Skórzana

Miekka

Format