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North-South Linkages and International Macroeconomic Policy

by David Vines, David Currie

ISBN-10: 9780521462341
ISBN-10: 0-521-46234-7
ISBN-13: 9780521462341
ISBN-13: 978-0-521-46234-1
Hardcover
1995-09-29
Cambridge University Press


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Editorials


Product 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.

Book Description
This volume, derived from a CEPR conference, brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers examine the use of the current major macroeconomic models to simulate global and inter-regional interactions, and also explore the 'elasticities debate', relative price determination, convergence, and LDCs' adjustment to external shocks.


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