Empirical Essays in Open Economy Macroeconomics
A Policy Regime Analysis of Monetary Policy Rules andthe Determination of the Current Account in SmallOpen Economies
(Sprache: Englisch)
This book is comprised of two parts. The first usesdata on Canada to determine the role asset pricechanges should play in the conduct of monetary policywithin the inflation targeting and money growthtargeting frameworks. The findings indicate...
Leider schon ausverkauft
versandkostenfrei
Buch (Kartoniert)
68.00 €
Produktdetails
Produktinformationen zu „Empirical Essays in Open Economy Macroeconomics “
Klappentext zu „Empirical Essays in Open Economy Macroeconomics “
This book is comprised of two parts. The first usesdata on Canada to determine the role asset pricechanges should play in the conduct of monetary policywithin the inflation targeting and money growthtargeting frameworks. The findings indicate thatirrespective of the targeting framework, the policyrule that incorporates a response to asset pricechanges controls inflation better. Contrary to theconventional view, simulation experiments indicatethat the money growth targeting policy rule is moreefficient in controlling inflation than the inflationtargeting policy rule. The second part presents theoretical and econometricanalysis of the determinants of current accountbalances for Ghana. The results point to changes inworld real interest rate, exchange rate, and theterms of trade as important determinants of currentaccount. A policy regime analysis shows that therecent implementation of capital liberalizationpolicies in Ghana has enabled Ghanaians to use theinternational financial market to smooth consumption. The analysis should be useful to graduate students inbusiness schools and economic departments, and anyperson who is interested in internationalmacroeconomic issues.
Autoren-Porträt von Darku Dr. Alexander, Alexander Darku
Dr. Alexander Bilson Darku is an Assistant Professor ofEconomics at the University of Lethbridge, Canada. He teaches andresearches in the fields of International Trade and Finance,Economic Development, and Monetary Economics. Dr. Darku receivedhis Ph.D. from McGill University, Canada. He has also served as aconsultant to the World Bank between 1998 and 2002.
Bibliographische Angaben
- Autoren: Darku Dr. Alexander , Alexander Darku
- 164 Seiten, Maße: 22 cm, Kartoniert (TB), Englisch
- Verlag: VDM Verlag Dr. Müller e.K.
- ISBN-10: 3639067401
- ISBN-13: 9783639067408
Sprache:
Englisch
Kommentar zu "Empirical Essays in Open Economy Macroeconomics"
0 Gebrauchte Artikel zu „Empirical Essays in Open Economy Macroeconomics“
Zustand | Preis | Porto | Zahlung | Verkäufer | Rating |
---|
Schreiben Sie einen Kommentar zu "Empirical Essays in Open Economy Macroeconomics".
Kommentar verfassen