Screen LibraryMacroeconomic performance in a globalising economy /
"The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the dec...
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| Group Author: | ; |
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| Published: |
Cambridge University Press,
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| Publisher Address: | Cambridge, UK : |
| Publication Dates: | 2016. |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
"The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the decade of almost unprecedented growth in international trade and financial market liberalisation that preceded it. This book shows how the international economy has become more connected via increased production, trade, capital flows and financial linkages. Using a variety of methodologies, including both panel econometrics and DSGE modelling, a team of experts from academia, central banks and the IMF examine how this increased globalisation has affected competitiveness, productivity, inflation and the labour market. This timely contribution to the globalisation literature provides a longer-term perspective while also evaluating some of the potential implications for policy makers, particularly from a European perspective"-- |
| Carrier Form: | xviii, 280 pages : illustrations ; 24 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781316601945 |
| Index Number: | HF1379 |
| CLC: |
F74 F114 |
| Call Number: | F114/M174-1 |
| Contents: |
Globalisation and macroeconomic performance / The impact of globalisation on the euro area macroeconomy / Trade and foreign direct investment in business services: a modelling approach / Entry dynamics and the decline in exchange-rate pass-through / Does the exchange rate belong in monetary policy rules?: new answers from a DSGE model with endogenous tradability and trade frictions / Globalisation and inflation in the OECD economies / Globalisation and euro area prices and labour markets: some evidence on the impact of low-cost countries / Monetary policy in a global economy: past and future research challenges / |