000			02234nam a22002057a 4500
005			20240219173845.0
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020			_a9780691170640
082			_a339 _bSCH
100			_aSchmitt-Grohe, Stephanie _916139
245			_aInternational macroeconomics: _ba modern approach
260			_bPrinceton University Press _aNew Jersey _c2022
300			_axv, 466 p.
365			_aUSD _b95.00
520			_aInternational Macroeconomics presents a rigorous and theoretically elegant treatment of real-world international macroeconomic problems, incorporating the latest economic research while maintaining a microfounded, optimizing, and dynamic general equilibrium approach. This one-of-a-kind textbook introduces a basic model and applies it to fundamental questions in international economics, including the determinants of the current account in small and large economies, processes of adjustment to shocks, the determinants of the real exchange rate, the role of fixed and flexible exchange rates in models with nominal rigidities, and interactions between monetary and fiscal policy. The book confronts theoretical predictions using actual data, highlighting both the power and limits of given theories and encouraging critical thinking. Provides a rigorous and elegant treatment of fundamental questions in international macroeconomics Brings undergraduate and master’s instruction in line with modern economic research Follows a microfounded, optimizing, and dynamic general equilibrium approach Addresses fundamental questions in international economics, such as the role of capital controls in the presence of financial frictions and balance-of-payments crises Uses real-world data to test the predictions of theoretical models Features a wealth of exercises at the end of each chapter that challenge students to hone their theoretical skills and scrutinize the empirical relevance of models Accompanied by a website with lecture slides for every chapter (https://press.princeton.edu/books/hardcover/9780691170640/international-macroeconomics)
650			_aMacroeconomics _913270
700			_aUribe, Martin _916140
700			_aWoodford, Michael _916141
942			_cBK _2ddc
999			_c6163 _d6163