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Макроэкономика - раздел современной экономической теории, в рамках которого изучаются такие феномены как экономический рост, колебания деловой активности, инфляция и безработица, а также вопросы макроэкономической политики. (подробнее...)
Всего публикаций в данном разделе: 3

Книги

Авторы:
все А БВ Г Д ЕЖЗИЙК ЛМ НОПРСТ УФ ХЦЧШЩЭЮЯ
A B C D E F G H I J K L M NO P QR S T U VWXYZ
 
Названия:
АБВГД ЕЖЗИ ЙКЛМ НО ПР С ТУФ ХЦЧШЩЭЮЯ
A BCD E F G HI JKL M N O P QR ST U VWXYZ
 

Опубликовано на портале: 27-07-2004
Authors study financial fragility, exchange rate crises and monetary policy in an open economy model in which banks are maturity transformers as in Diamond-Dybvig. The banking system, the exchange rate regime, and central bank credit policy are seen as parts of a mechanism intended to maximize social welfare; if the mechanism fails, banking crises and speculative attacks become possible. Authors compare currency boards, fixed rate and flexible rates, with and without a lender of last resort. A currency board cannot implement a socially optimal allocation; in addition, under a currency board bank runs are possible. A fixed exchange rate system may implement the social optimum but is more prone to bank runs and exchange rate crises than a currency board. Larger capital inflows enhance welfare if the no-run equilibrium occurs, but may also render the economy more vulnerable to self-fulfilling runs. A flexible exchange rate system implements the social optimum and eliminates runs, provided the exchange rate and central bank lending policies of the central bank are appropriately designed.
ресурс содержит гиперссылку на сайт, на котором можно найти дополнительную информацию

Опубликовано на портале: 02-09-2003
Frederick van der Ploeg, Ben J. Heijdra
Oxford: Oxford University Press, 2002
This comprehensive textbook for a core course in modern macroeconomics deals with all the major topics, summarizes the important approaches, and gives students a coherent angle on all aspects of macroeconomic thought. Each chapter deals with a separate area of macroeconomics, and each contains a summary section of key points and a further reading list.
ресурс содержит полный текст, либо отрывок из него ресурс содержит гиперссылку на сайт, на котором можно найти дополнительную информацию ресурс содержит графическое изображение (иллюстрацию)

Опубликовано на портале: 11-01-2003
Andres Velasco
2003
This paper develops a political-economic model of fiscal policy one in which" government resources are a common property' out of which interest groups can finance" expenditures on their preferred items. This setup has striking macroeconomic implications. First, fiscal deficits and debt accumulation occur even when there are no reasons for intertemporal smoothing. Second deficits can be eliminated through a fiscal reform, but such a reform may only take place after a delay during which government debt is built up.