International Macroeconomics and Finance

Exploring Developing Economies

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Éditeur :

Palgrave Macmillan


Paru le : 2026-01-01



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Description

This book provides essential insights into national income accounting, balance of payments, foreign exchange markets, money supply and demand, and monetary policy principles.
Econometrician Edward E. Ghartey begins the book by covering national income accounting and balance of payments. Chapters take readers through the foreign-exchange market and rational expectations, covering functions of money, monetary aggregates, and the determinants of money supply and demand. The text delves into the microeconomic foundations of money demand in developing countries, including an applied study using real data. It addresses the limitations of traditional IS-LM models and introduces a new aggregate demand curve using the Taylor principle. The book further explores the Phillips curve, and Okun’s law to derive aggregate supply curve; and the effects of monetary policy in open economies.
Readers will gain a thorough understanding of complex economic concepts and models, including the development of new theoretical frameworks. The book provides practical examples and data analysis, making it a valuable resource for students and professionals seeking to deepen their knowledge of macroeconomics and monetary policy. It also includes discussions on exchange rate regimes, monetary policy interventions, and the role of central banks, offering insights into both theoretical and applied aspects of economics.
Pages
295 pages
Collection
n.c
Parution
2026-01-01
Marque
Palgrave Macmillan
EAN papier
9783032041449
EAN PDF
9783032041456

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
29
Taille du fichier
6994 Ko
Prix
137,14 €
EAN EPUB
9783032041456

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
29
Taille du fichier
4229 Ko
Prix
137,14 €

Edward E. Ghartey is Professor Emeritus at The University of West Indies, Mona. His research is focused on macroeconomic issues, including economic policy, exchange rates, inflation, fiscal deficit, and stabilization problems in developing countries.

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