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Development Macroeconomics : Fourth Edition by Pierre-Richard Agénor, Peter J. Montiel, Pierre-Richard Agenor is a nonfiction available to read on EtoBox.

What is Development Macroeconomics : Fourth Edition about?

The global financial crisis triggered severe shocks for developing countries, whose embrace of greater commercial and financial openness has increased their exposure to external shocks, both real and financial. This new edition of Development Macroeconomics has been fully revised to address the more open and less stable environment in which developing countries operate today. Describing the latest advances in this rapidly changing field, the book features expanded coverage of public debt and the management of capital inflows as well as new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, currency unions, and the choice of an exchange-rate regime. A new chapter on dynamic stochastic general equilibrium (DSGE) models with financial frictions has been added to reflect how the financial crisis has reshaped our thinking on the role of such frictions in generating and propagating real and financial shocks. The book also discusses the role of macroprudential regulation, both independently and through its interactions with monetary policy, in preserving financial and macroeconomic stability. Now in its fourth edition, Development Macroeco

Who reads Development Macroeconomics : Fourth Edition?

Author

Pierre-Richard Agénor, Peter J. Montiel, Pierre-Richard Agenor

Publisher

Princeton University Press

Published

2015

Language

EN

ISBN

9781400866267

Category

nonfiction

Subjects

Finance, Business, Economics