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ISBN10: 0262032368, ISBN13: 9780262032360, [publisher: MIT Press (MA)] Hardcover Cambridge, MA. : The MIT Press, 1996. Hardcover. Dustjacket. 532 pp.- Guillermo Calvo, who foresaw the financial crisis that followed the devaluation of Mexico's peso, has spent much of his career thinking beyond the conventional wisdom. In a quiet and understated way, Calvo has made seminal contributions to several major research areas in macroeconomics, particularly monetary policy, exchange rates, public debt, and stabilization in Latin America and post-communist countries. Money, Exchange Rates, and Output brings together these contributions in a broad selection of the author's work over the past two decades. There are introductions to each section, and an introduction to the entire collection that outlines the connections throughout and surveys the current state of macroeconomic theory.Calvo, an advocate of the "Chicago school" of rational expectations, uses elements of this approach to understand economic development. While he is a top macroeconomics theorist, his models are always intertwined with policy discussion. He pushes readers to combine knowledge of real world facts -- of institutions, traditions, and culture, in addition to statistics - with theory.One focus of this collection is on the role of credibility in policy-making. Calvo analyzes the origins and macroeconomic consequences of credibility problems. He also shows how monetary and trade theory can ...
ISBN10: 0262032368, ISBN13: 9780262032360, [publisher: MIT Press (MA)] Hardcover Cambridge, MA. : The MIT Press, 1996. Hardcover. Dustjacket. 532 pp.- Guillermo Calvo, who foresaw the financial crisis that followed the devaluation of Mexico's peso, has spent much of his career thinking beyond the conventional wisdom. In a quiet and understated way, Calvo has made seminal contributions to several major research areas in macroeconomics, particularly monetary policy, exchange rates, public debt, and stabilization in Latin America and post-communist countries. Money, Exchange Rates, and Output brings together these contributions in a broad selection of the author's work over the past two decades. There are introductions to each section, and an introduction to the entire collection that outlines the connections throughout and surveys the current state of macroeconomic theory.Calvo, an advocate of the "Chicago school" of rational expectations, uses elements of this approach to understand economic development. While he is a top macroeconomics theorist, his models are always intertwined with policy discussion. He pushes readers to combine knowledge of real world facts -- of institutions, traditions, and culture, in addition to statistics - with theory.One focus of this collection is on the role of credibility in policy-making. Calvo analyzes the origins and macroeconomic consequences of credibility problems. He also shows how monetary and trade theory can ...
ISBN10: 0262032368, ISBN13: 9780262032360, [publisher: Mit Pr 12.06.1996.] Hardcover 532 Seiten ex Library Book / aus einer wissenschafltichen Bibliothek / Sprache: Englisch Gewicht in Gramm: 1116 23,4 x 16,2 x 3,5 cm, Gebundene Ausgabe [Rüsselsheim am Main, Germany] [Publication Year: 1996]
ISBN10: 0262032368, ISBN13: 9780262032360, [publisher: Mit Pr 12.06.1996.] Hardcover 532 Seiten ex Library Book / aus einer wissenschafltichen Bibliothek / Sprache: Englisch Gewicht in Gramm: 1116 23,4 x 16,2 x 3,5 cm, Gebundene Ausgabe [Rüsselsheim am Main, Germany] [Publication Year: 1996]
ISBN10: 0262032368, ISBN13: 9780262032360, [publisher: The MIT Press] Hardcover 0262032368 [DH, SE, Spain] [Publication Year: 1996]
DISCLOSURE:
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission at no extra cost to you. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network, Amazon and Alibris.
