Teaching New Open Macroeconomics with a Simple "Toy Model"
Keywords:
Macroeconomics, Macroeconomic situation, Monetary policy, State economic policy, Keynesian theory, JM Keynes monetary theoryAbstract
This article introduces a static model of the New International Macroeconomics to address issues of monetary policy implementation in the open economy. This framework makes it possible to address in a simple fashion standard questions of open macroeconomics such as the effectiveness of economic policy according to the exchange rate. It is extended to analyze dirty floating regimes and the reasons that may justify the lack of coordination of monetary policies in a world characterized by strong commercial and financial spillovers.(original abstract)
Downloads
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2020 Poznań University of Economics and Business
This work is licensed under a Creative Commons Attribution 4.0 International License.
Lorem ipsum dolor sit amet quam leo, cursus vitae, commodo convallis consequat. Donec pulvinar porta neque, blandit risus commodo sit amet ante. Quisque condimentum. Donec orci interdum euismod scelerisque tincidunt. Maecenas vitae mi. Pellentesque orci vitae nunc venenatis tristique, convallis accumsan, dolor sit amet metus. Curabitur tempor. Phasellus sem. Quisque.
