North-South Linkages and International Macroeconomic Policy

North-South Linkages and International Macroeconomic Policy

By David Vines and David Currie

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Recent years have witnessed substantial progress in global macroeconomic modeling as researchers have applied techniques developed to analyze North-South interactions. This volume, derived from a CEPR conference held in Oxford in April, 1993, brings together theoretical and empirical papers on fiscal, monetary and trade linkages.

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Book Information

Publisher: Cambridge University Press
Publish Date: 06/10/2010
Pages: 432
ISBN-13: 9780521142649
ISBN-10: 0521142644
Language: English

Full Description

Recent years have witnessed substantial progress in global macroeconomic modeling as researchers have applied techniques developed to analyze North-South interactions. This volume, derived from a CEPR conference held in Oxford in April, 1993, brings together theoretical and empirical papers on fiscal, monetary and trade linkages. They consider recent progress in the "elasticities debate," the determination of relative prices, convergence and "new growth theory," and LDCs' adjustment of external shocks. The volume also includes papers reporting a variety of simulations of global and inter-regional interactions using the major current macroeconomic models.

About the Author

Peter Temin is Elisha Gray II Professor Emeritus of Economics at MIT and the author of Lessons from the Great Depression (MIT Press) and other books. David Vines is Professor of Economics and Fellow of Balliol College at the University of Oxford, and joint editor of a number of books on global economic governance.

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